Banco de Chile Deploys Integral’s FX Technology to Modernize Multi-Channel Currency Operations

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Banco de Chile, one of the country’s largest financial institutions, has entered a strategic alliance with Integral to overhaul its foreign platform operations and expand its capabilities across domestic and international markets. Through the partnership, the bank is implementing Integral’s Price Engine and Liquidity Aggregation technology—tools designed to consolidate pricing logic, streamline workflows, and modernize FX execution from end to end.

A core element of the upgrade is Integral’s integration with Datatec, Chile’s primary interbank FX infrastructure provider. This connectivity enables Banco de Chile to capture live spot rates and generate executable pricing for multiple distribution channels, including multi-dealer platforms, internal sales teams, and client-facing white-label portals. The unified pricing architecture now powers trading in offshore NDFs, USD/CLP spot, forwards, and swaps, allowing the bank to manage liquidity more efficiently across products and geographies.

The transition marks a major step toward fully automated FX operations in a region where manual processes remain prevalent. By replacing fragmented workflows with an integrated, automated stack, Banco de Chile significantly strengthens its speed, accuracy, and transparency—key advantages as competition intensifies and client expectations evolve in Latin America’s FX market.

Takeaway

Banco de Chile’s adoption of Integral’s pricing and aggregation engine brings institutional-grade automation to Chile’s FX market, replacing manual workflows with real-time precision.

Why Integral’s Connectivity and Automation Matter for Chile’s FX Market

The bank’s decision to integrate Integral’s technology reflects the growing need for scalable FX infrastructure as demand for multi-currency trading—especially involving the Chilean peso—continues to rise. With Integral’s automated liquidity aggregation and execution logic, Banco de Chile gains the ability to centralize pricing across all channels, and lowering risk tied to manual intervention.

Integral CEO Harpal Sandhu highlighted the strategic importance of giving clients quicker, more transparent , noting that Banco de Chile is “leading the charge to FX automation in the region.” As global investors increase trading in Latin American currency pairs, particularly CLP-linked instruments, the bank’s upgraded infrastructure positions it to capture more flow from both domestic and offshore participants.

The partnership is also highly customizable—a critical factor given regional nuances in FX compliance, settlement conventions, and market behavior. Banco de Chile’s Treasury Division Manager, Sergio Karlezi, emphasized that Integral’s flexible architecture allowed seamless integration with the bank’s internal systems, accelerating the institution’s broader digital transformation agenda.

Takeaway

Integral’s automated liquidity and pricing technology gives Banco de Chile a competitive edge as demand grows for accurate CLP pricing and cross-border FX execution.

Strengthening Chile’s FX Infrastructure and Expanding Client Value

With the adoption of Integral’s technology, Banco de Chile reinforces its role as a key provider of Chilean peso liquidity and FX services both domestically and abroad. The bank’s upgraded system supports multi-channel distribution, enabling traders, corporates, and financial institutions to access consistent pricing regardless of the execution venue. Clients benefit from tighter spreads, quicker execution, and improved transparency—features that are increasingly essential in .

This modernization effort aligns with Banco de Chile’s longstanding and service across its broad customer base of 2.7 million clients. The partnership with Integral enhances the bank’s ability to support companies engaged in import/export activity, financial institutions trading CLP, and investors viewking regional currency exposure. By embedding advanced FX pricing capabilities into its digital ecosystem, the bank ensures continuity, scalability, and operational resilience.

More broadly, the initiative sets a precedent for modernization within Latin America’s FX infrastructure. As more banks in the region look to automate pricing and execution to meet global standards, Banco de Chile’s collaboration with Integral highlights the path forward—one that blends local expertise with global-grade technology to enhance liquidity access and deliver value across markets.