Wall Street launches advanced FX transaction solution

by Gill Montia

Story link: Wall Street launches advanced FX transaction solution

Wall Street Systems, which provides treasury, trading and settlement solutions worldwide, is launching an advanced FX transaction performance facility for financial services businesses.

The solution runs on Sun Microsystems’ Solaris 10 Operating System and is designed to improve the efficiency of operational and business processes, thereby reducing costs.

Its development is in response to the challenges presented by rising trading volumes and the need for financial services firms to offer more products and services to clients.

It also assists in addressing the increase in regulatory and compliance pressures faced by companies.

Using Wall Street FX for complete trade lifecycle management, financial institutions can decrease processing time for FX transactions.

At the same time they can analyse risk in real-time and generate audit histories that can adapt to today’s complex regulatory environment.

Wall Street’s chosen operating system provider, Sun Microsystems, has extensive experience in the financial services sector.