Banking Times: Daily Banking News
 
 
Daily Banking Industry News
Saturday 20th of March 2010
May 20, 2008

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.

 

Add to Bookmarks:

ADD TO NETSCAPE     ADD TO DEL.ICIO.US     ADD TO DIGG     ADD TO FURL

ADD TO STUMBLEUPON     ADD TO YAHOO MYWEB     ADD TO GOOGLE     ADD TO SPURL


Related stories to: Wall Street launches advanced FX transaction solution

Wall Street Systems acquires Aleri Global Banking  ...

Dinallo defends monolines conduct  ...

Backlash against Obama’s assault on Wall Street  ...

Deutsche Bank launch FX4Cash  ...

Lehman Brothers files for bankruptcy protection  ...

No Comments »

No comments yet.

Leave a comment


Previous: « HSBC faces shareholder revolt over remuneration
Next: Job losses as Citigroup exits UK sub-prime market »

Visited 1423 times, 1 so far today


Savings & Investment News


Borrowing & Lending News