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Integral (www.integral.com), the technology partner trusted by leading banks, brokers, and asset managers to help them outperform their competition in the foreign exchange market, announced today that Morgan Stanley Expansion Capital has made a $15M investment in the company. This investment by Morgan Stanley enables Integral to continue its growth of its market leading FX technology platform across a broader set of banks, brokers, and asset managers.
“The market opportunity for Integral has never been better,” said Harpal Sandhu, Integral founder and CEO. “Our focus on building the best FX solutions coupled with our unparalleled customer service has given us the largest installed base in the business - more than 200 leading institutions run on the Integral platform. We look forward to partnering with Morgan Stanley Expansion Capital and leveraging their deep experience and global resources.”
Integral combines the innovation of Silicon Valley with deep understanding of FX to deliver a cloud-based workflow management and trading platform that is the industry’s only answer for FX institutions that want to design and deliver complete solutions tailored to their businesses. More than 200 top-tier financial institutions rely on Integral to run their FX business. Integral will continue to capitalize on the recent success across its business including tremendous growth of OCXTM, a leading FX venue combining the widest variety of FX market participants into a single integrated network of liquidity, the successful deployment of features required for MiFID II compliance, and significant customer wins for BankFXTM.
