New solution will help the two firms manage credit exposures for their respective financial institutions, addressing ‘overly manual processes’.
The rebranded firm will now focus entirely on FX, with plans for a ‘spin off’ digital assets division to launch in parallel at a later stage.
The past week saw appointments from Komainu, FX HedgePool and United Fintech.
New head of sales brings 10 years’ experience in the fintech sector to the firm, having previously served at SimCorp and ICAP.
The past week saw appointments from Liquidnet, big xyt, FlexTrade, United Fintech, West Asset Management and TS Imagine.
New appointment joins after seven years at CME Group, having previously served at FXall, Barclays Capital, Lehman Brothers and Bloomberg LP.
Banks are looking to one-stop-shop solutions to minimise costs and safeguard future buy-side business by digitising client workflows, particularly with Athena, said United Fintech CEO Frahm.
New senior sales executive at United Fintech has extensive institutional sales experience having previously served at JP Morgan and Commerzbank for over six years.