Danske overhauls FX technology to rebuff Tier 1 competition in Nordics

Bank inks partnerships on pricing engine, connectivity and algos; tests mobile solution for corporates

Building blocks
Building blocks: Danske Bank says it is delivering what modern consumers expect

Danske Bank has made a series of technological changes to strengthen its FX offering to better respond to increasing competition from foreign players looking to gain a stronger foothold in the Nordic region.

The bank is overhauling its in-house-built pricing engine and connectivity technology in favour of a solution to be provided by Fluent Trade Technologies. Danske’s FX team received the green light to sign the third-party vendor in May, after a request-for-proposal process that began in

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