oneZero Unveils Revolutionary FX Swap Pricing Tool for Regional Banks

oneZero Launches Revolutionary FX Swap Pricing Tool for Regional Banks

oneZero Financial Systems, a prominent player in multi-asset enterprise trading technology, has recently announced the release of its innovative Swap Curve Manager. This tool aims to significantly enhance FX swap pricing efficiency for regional banks, repositioning them in a competitive landscape that has traditionally favored larger institutions.

In the conventional market scenario, regional banks have relied heavily on external third-party services to manage FX and interest rate curves. Such reliance has not only limited the control of traders but also imposed various economic and technical barriers. Recognizing the critical need for change, oneZero’s Swap Curve Manager is set to transform these dynamics by offering a comprehensive, cost-effective solution that empowers traders with direct oversight.

Addressing Long-standing Challenges

The existing methods for managing FX curves have often supplemented external providers, necessitating the importation of Curves into eFX platforms. Consequently, the price construction, tiering, and markup processes became detached from the traders, leading to rigidity in their responses to market fluctuations. This scenario has inevitably compelled many banks to resort to simplistic and reactive pricing methods.

With the introduction of the Swap Curve Manager, oneZero is not just making a technological upgrade but is fundamentally redefining the approach to FX trading for these financial entities. The new system centralizes workflows effectively, delivering instant curve control, adaptable client-specific modifications, and integrated analytical support for more informed decision-making.

Features and Capabilities

The potency of the Swap Curve Manager lies in its multifaceted capabilities. It facilitates access to various data sources, including the New Change FX Forwards365, allowing for deeper and more granular management of pricing tiers, skews, and volume benchmarks. The direct outcome is enhanced responsiveness to market shifts, with traders becoming more agile in seizing opportunities while minimizing dependencies on disjointed spreadsheets and external vendor tools.

Moreover, with intuitive visualizations that track the evolution of the curve alongside reflections of market supply, demand, and client trading behavior, banks are now equipped with actionable insights that can effectively manage risks and assess performance outcomes. Its standalone nature allows for seamless integration with existing pricing engines, either through oneZero’s APIs or via a simple setup with the company's Hub product, thus ensuring scalability and adaptability.

Industry Impact and Future Prospects

This significant launch comes at a time when regional banks are increasingly feeling the pressure to keep pace with evolving financial technologies and market expectations. Andrew Ralich, CEO and Co-Founder of oneZero, remarked, “We have listened to the needs of regional banks, who have long been at a disadvantage in FX swap pricing. With our new Swap Curve Manager, we are increasing transparency, lowering costs, and putting advanced swap pricing tools directly into the hands of traders.”

By enabling these banks to leverage sophisticated pricing tools, oneZero is not only democratizing access to advanced trading technology but also fostering a more competitive environment for alternative banks in the forex market.

As proof of oneZero's momentum, the company recently appointed Adam Collins as Head of Institutional Sales for the Americas and EMEA, and it marked another achievement by making the Inc 5000 list for the fourth consecutive year, showcasing its standing as one of America’s fastest-growing private firms. Additionally, oneZero clinched accolades at the Euromoney FX Awards in 2024, where it was recognized as both the World's Best FX Technology Provider and the World's Best Technology Provider for FX Liquidity.

About oneZero

oneZero Financial Systems has reigned as an innovator in multi-asset trading technology since its inception in 2009, providing solutions that encompass execution, distribution, and analytics through an integrated platform comprising the Hub, EcoSystem, and Data Source. With operational hubs in Asia, Australia, Europe, and North America, the company empowers financial institutions and brokerage firms to effectively navigate the global markets while adhering to stringent information security standards such as ISO 27001.

For more information about the Swap Curve Manager and other initiatives by oneZero, interested parties can contact Talia Geberovich, Head of Marketing and Communications via email.