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INTL Global Currencies Deploys TwoFour

INTL Global Currencies (IGC), a wholly-owned subsidiary of INTL FCStone, has licensed TwoFour’s foreign exchange and cash management software for its core trading and operations. IGC specialises in transferring funds to the developing world and provides customised FX and treasury services to international aid and development organisations, UN agencies, government agencies, NGOs and financial institutions in more than 150 countries. The agreement is a significant expansion of the use of TwoFour within the INTL FCStone organisation, with the IGC division licensing users in offices in New York, London, Singapore and Orlando. IGC will use TwoFour in both the front and back offices for real-time trade and payment processing. Using TwoFour’s software, IGC will capture, aggregate and process all FX trade activity with a much higher level of straight-through processing than its current system. IGC will use TwoFour’s customisable workflow engine which includes special cues for excep...

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