TORONTO, May 25, 2021 – TickTrade Systems Inc. is pleased to add Concentra Bank as a key new client. TickTrade is a Toronto-based financial technology innovator that provides next-generation foreign exchange trading and payments solutions.
Concentra Bank provides wholesale financial services to Canadian credit unions and their members and serves commercial and retail customers with specialized banking products.
Concentra Bank recently integrated TickTrade’s foreign exchange (FX) platform into its digital offering to launch a new service that will provide credit unions and their members access to an expanded set of self-serve FX capabilities.
“TickTrade offers credit union members direct access to a broad range of FX trading services so they can execute a transaction in a matter of seconds,” said Ryan Graham, Chief Banking Officer of Concentra Bank. “As a digital bank, offering our customers seamless service is important to us.”
Baha Ohcebol, CEO and co-founder of TickTrade, said: “The relationship with Concentra Bank further solidifies our position as a leading supplier of innovative FX trading solutions to the global financial market. We look forward to enabling credit unions and their members a solution that allows them to manage their FX needs much more quickly and efficiently and improve their cash management capability.”
About TickTrade Systems Inc
TickTrade Systems Inc is a provider of next-generation, end-to-end FX trading and payments solutions. TickTrade offers its clients a highly differentiated user experience including real-time analytics and behavioural insights. TickTrade clients use our platform to provide their institutional, corporate, commercial, and retail customers with a higher level of service through personalized, seamlessly integrated workflow capabilities and intelligence. TickTrade’s open and modular architecture allows easy integration with proprietary systems, significantly accelerating time-to-market, reducing costs, and increasing profitability. TickTrade currently operates in North America, Europe, and Asia, and is focused on serving its expanding global client base.
About Concentra Bank
Concentra Bank collaborates with fintechs and credit unions to offer Canadians mortgages, savings products, specialty banking products, commercial lending, and leasing solutions, and more. With a Schedule I bank licence and a federally regulated trust licence, we are the leading provider of wholesale banking and trust solutions to Canadian credit unions. Concentra Bank has been named one of Canada’s Best Managed Companies 18 years in a row. | www.concentra.ca
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