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Etrali Trading Solutions Implements Open Trade at ICBPI

Etrali Trading Solutions, the leader in voice and electronic trading infrastructure and services for the trading communities, today announced that Italian bank, Instituto Centrale Banche Popolari Italiane (ICBPI), has deployed the Open Trade trading system across its Milan operations.

Open Trade has been rolled out together with a recording system and was completed in partnership with the Gamma Group. The system moves ICBPI from its previous TDM system to a new SIP system, fully integrated with the bank’s IP environment. Open Trade provides ICBPI with a powerful, user-friendly and intuitive smart turret with embedded apps to keep ahead of industry regulations. In addition to ICBPI, Open Trade already has over 5000 seats worldwide.

“We wanted to provide a better quality service for our traders; Open Trade is the leader in the market and Etrali Trading Solutions’ expertise and support is second to none,” said Dott. Pablito Rosa, Head of ICT Security and Compliance and ICT production for ICBPI. “The system architecture is completely flexible and integrates with rich ecosystems, reducing back end complexity and size. The smart turret is truly innovative and is ideal for banks looking to move to a unified solution quickly and with minimal disruption.”

Etrali Trading Solutions is delighted to have successfully implemented Open Trade with ICBPI. With so much focus on regulation and transparency, ICBPI is now well placed to meet any current and future requirements in the fast moving highly regulated market,” said Valerio Lombardi, Italy Country Manager at Etrali Trading Solutions.