Banca Generali and Saxo Bank sign digital and trading agreement

Written by Mark Evans

Bg-Saxo Sim is the new joint entity that will provide online trading and digital services to Italian clients. The partnership offers access to an innovative platform for advanced trading based on Danish bank Saxo’s technology, marking a major deal in which one bank will provide a raft of services to another in order to speed the development of opportunities for its financial advisors and clients.

The technology will be implemented within Banca Generali's home banking platform, thus ensuring a seamless experience for its end clients, and provide a platform that is easily accessible for both professional traders and clients who prefer to carry out their operations autonomously.

Bg Saxo Sim is expected to start operating in the second half of the year, once the required approval, inter alia, has been obtained from the competent supervisory authorities