Currenex & Shell in FX Standards Initiative

Currenex and Royal Dutch/Shell have formed a working group with several other companies to create Financial products Markup Language (FpML) standards to facilitate Internet-based open dealing for FX. The group, named the Treasury Workstation Integration Standards Team (Twist), has already agreed on what it describes as a set of well-defined processes to be achieved within […]
Read More »

BNP Paribas and Credit Agricole Indosuez Sign Global Reuters 3000 Xtra Licences

Two major French financial institutions – BNP Paribas and Crédit Agricole Indosuez (CAI) – have signed up for global rollouts of Reuters 3000 Xtra, the data vendor’s flagship information and analytics service. BNP Paribas is taking some 3,500 accesses to support its business in 23 countries, including installations in Paris, London, New York, Zurich, Tokyo, […]
Read More »

Westpac Live with New Trading & Risk Management System

Westpac Banking Corp went live in the space of just 10 weeks with an FX derivatives trading and risk management platform from DerivaTech, a currency derivatives pricing, analytics and risk management solutions provider. The platform has been rolled out to the bank’s traders, salespeople and risk managers in Sydney, Wellington, New York and London. DerivaTech’s […]
Read More »

Fxall Goes Live with 14 Liquidity Providers

FXall officially launched its automated portal for online currency dealing on 10 May with trading in spot, forwards and swaps in multiple currencies between the 14 equity shareholder banks and clients from the group’s Customer Advisory Board (CAB). Phil Weisberg, CEO, says there were a number of large wholesale transactions that went through on day […]
Read More »

Reuters Makes Global Product Push

Reuters released a host of new services at last month’s ACI Forex 2001 conference in Singapore. Among the products on show was a hosted version of the automated dealing service, a new interface for system-to-system trading and a number of enhancements to its FX forwards and overnight matching service. At the show, Reuters announced that […]
Read More »

Mutual Fund Technologies Appoints Milotte as MD

Mutual Fund Technologies Ltd (MFTL), which provides global fund administration systems to large cross-border financial services institutions, has appointed Robert Milotte as managing director. He brings more than 14 years experience with Fidelity Investments to his new role. He was most recently executive director of Fidelity’s Global Retail Customer Services group. “I am delighted to […]
Read More »

Currenex Boosts Web-based FX Service With Mulit-Bank Fast Quote Facility

Currenex, the online currency platform, has unveiled a new price request mechanism for its Fxtrades Web-based trading service. The new “multi-bank streamed quote” facility allows banks to dynamically update their quotes during an auction. Currenex hopes the new facility will help it steal a march over its bank-owned rivals, FXall and Atriax, both of which […]
Read More »

SunGard to Launch Online Treasury Trading Platform

SunGard is set to burst onto the online treasury portal scene with the launch of STN Treasury, a quote-driven electronic marketplace for foreign exchange, money markets and interest rate derivatives, sources say. The service is scheduled to go live over the next month and will be accessed primarily via SunGard customers’ existing systems, though other […]
Read More »

Will SunGard’s Aggregation Strategy Work?

By Anindya Bhattacharyya In many respects, the launch of STN Treasury is a natural extension of SunGard’s current business strategy. The vendor’s SunGard Transaction Network currently connects some 700 banks, 1,000 money managers, 1,500 insurers and 180 brokers, according to the vendor’s figures. The new element is that STN has hitherto been used for e-trading […]
Read More »

Reuters in New Releases

Reuters Treasury Solutions business has come a long way in a year. The group, which for some time has been largely quiet on the new product front, has been working behind the scenes to develop a suite of services covering areas such as money markets, fund managers and portal connectivity. It is also in the […]
Read More »
1 2 3 4 5 362 368 369 370 371 372