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Mauritius Commercial Bank (MCB) has announced that it has integrated technology from Integral, a provider of currency systems for financial institutions, to support the upgrade of its electronic foreign exchange (eFX) platform, MCB Wave. The partnership allows the bank to deliver a fully branded interface with updated features for corporate and institutional clients in domestic and international markets.
MCB adopted Integral’s white-label solution as part of its broader plan to modernize its eFX service. The platform’s new interface now provides users with an improved digital experience, combining functionality with an intuitive design. The bank said the system simplifies FX trading, supporting its efforts to grow its footprint across sub-Saharan Africa and beyond.
“Enhanced digital FX trading capabilities for our clients”
Kabir Ramburn, Head of Business Management – Financial Markets at MCB, commented, “Integrating Integral’s technology as the operational heartbeat of our eFX trading platform means we’re able to provide enhanced digital FX trading capabilities for our clients, encapsulated in a slick, practical user interface. As we continue to develop our network, both within Africa and globally, this partnership is a testament to our commitment to providing premium client service underpinned by an exceptional technological infrastructure.”
The system allows MCB to automate pricing distribution and operate as a liquidity provider. According to the bank, clients and partners gain access to competitive and accurate pricing across a broad selection of currency pairs. The scalability of Integral’s solution allows integration with MCB’s existing infrastructure and supports its plans to scale eFX services.
Integral’s design approach prioritizes interoperability and automation. The firm said MCB’s implementation reflects the growing demand among financial institutions for embedded FX tools that provide a seamless experience across front, middle, and back-office operations.
Harpal Sandhu, CEO of Integral, commented, “Integral’s agnostic, agile solutions enable clients across the globe to benefit from a frictionless implementation process, combining advanced operational functionality with a seamless, user-friendly experience. MCB’s elevated and optimized FX workflows will further establish the bank as a regional leader in innovation and FX trading. We’re looking forward to continuing to help MCB capitalize on the opportunities afforded by automation and improved operational efficiency going forward.”
MCB expects the partnership to reinforce its position in the region’s financial sector while providing clients with faster execution, deeper liquidity, and increased transparency through the revamped platform. The update supports the bank’s efforts to strengthen its digital capabilities and extend its reach across the continent.
Integral provides embedded currency technology to banks, brokers, and cross-border payment companies. Founded in 1993, the firm operates from offices in Palo Alto, New York, London, Tokyo, Singapore, and Bengaluru.
