London, 7th March 2012 – BNP Paribas announces the launch of its advanced, electronic foreign
exchange trading platform – “CORTEX FX” – which provides an innovative multi-product solution for
corporate and financial institutional clients to manage their foreign exchange requirements.
CORTEX FX is a new and technologically-advanced platform, designed to provide clients with a single
point of access to the full breadth of electronic foreign exchange products, tools and services. Built
in-house using Silverlight technology, CORTEX FX enables corporate and financial institution clients
to develop foreign exchange strategies, access market-leading research and execute, monitor and
evaluate their foreign exchange trades.
BNP Paribas Corporate and Investment Banking has invested heavily in developing and upgrading its
electronic trading capabilities over the past year, based on dialogue with clients and a significant
increase in electronic trading volumes. CORTEX FX is the culmination of these investments, offering
clients a fully-integrated and highly customisable ‘trading journey’, from pre-trade through to posttrade
services.
Thomas Soede, Global Head of Electronic Markets at BNP Paribas, says “CORTEX FX represents an
exciting new product launch for BNP Paribas’ clients. We have developed a new electronic
application that is fully integrated in terms of product access, enabling clients to benefit from using a
range of intelligent electronic tools and services. Additional asset class applications will be launched
on the CORTEX platform in the coming months.”
Following the launch, Arne Groes, Global Head of Sales says: “CORTEX FX will be a key component for
BNP Paribas’ global FX credentials. Its rich functionality and innovative trading technology underpins
the bank’s on-going commitment to clients’ foreign exchange trading requirements. We are confident
that CORTEX FX can help propel the bank’s broad ambitions, as we look to compete at the forefront
of the electronic markets space.”
For further information, please contact:
Celeste Brown, BNP Paribas UK Brand & Communications: +44 207 595 4653
Ashling Cashmore, BNP Paribas UK Brand & Communications +44 207 595 6647
Hannah Short, BNP Paribas UK Brand & Communications +44 207 595 2258
About BNP Paribas
BNP Paribas (www.bnpparibas.com) has a presence in 80 countries with nearly 200,000 employees,
including more than 150,000 in Europe. It ranks highly in its three core activities: Retail Banking,
Investment Solutions and Corporate & Investment Banking. In Europe, the Group has four domestic
markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the leader in
consumer lending. BNP Paribas is rolling out its integrated retail banking model across
Mediterranean basin countries, in Turkey, in Eastern Europe and a large network in the western part
of the United States. In its Corporate & Investment Banking and Investment Solutions activities, BNP
Paribas also enjoys top positions in Europe, a strong presence in the Americas and solid and fastgrowing
businesses in Asia.