Email Contact Phone Company Visit Website

London Office Office

5th Floor,Cannon Green Building,27 Bush Lane
London
London
GB

Head Office Head Office

Brian Conlon House3 Canal Quay
Newry
County Down
GB

Sydney Office Office

Suite 201,22 Pitt Street
Sydney
Sydney
AU

Dublin Office Office

6th Floor,Block A,1 George’s Quay Plaza,
Dublin
Dublin 2,
IE

New York Office Office

45 Broadway,20th Floor
New York
NY
US

Philadelphia Office Office

1818 Market Street,37th Floor
Philadelphia
PA
US

Toronto Office Office

31 Lakeshore Road EastSuite 201
Mississauga
Ontario
CA

Belfast Office Office

The Weaving WorksOrmeau Avenue
Belfast
Co Antrim
GB

Munich Office Office

MindspaceViktualienmarkt 8
Munich
DE

Dubai Office Office

Creative Tower,Dubai
Dubai
Dubai
AE

Madrid Office Office

Avenida de la Industria, 3228108 Alcobendas
Madrid
ES

Newry Office Office

The Conlon Building1-2A Marcus Square
Newry
GB

Singapore Office Office

One Raffles QuayNorth Tower#30-03
Singapore
SG

Hong Kong Office Office

Level 66,The Center,99 Queens Road Central
Hong Kong
HK

Tokyo Office Office

20F Shin-Marunouchi Center Building,1-6-2 Marunouchi,Chiyoda-ku, Tokyo
Tokyo
Tokyo
JP

South Korea Office Office

Level 8,7 Teheran-ro 5-gil,Gangnam-gu
Seoul
KR

Telephone

+44 28 3025 2242

Contact

Brian Fitzpatrick
[email protected]
Back to all First Derivatives plc announcements

Fortis Bank uses Cognotec to enable e-commerce strategy

Cognotec, the world's leading provider of e-commerce foreign exchange and money market dealing solutions, has announced that Fortis Bank has become the first institution in the Benelux to implement its flagship AutoDeal LITE e-commerce platform. Fortis Bank, a leading bank in the Benelux region and one of the top thirty banks in the world, has adopted the Cognotec AutoDeal LITE service to power the bank's new online foreign exchange and money market dealing system 'Click 'n Deal'.

Fortis Bank will use 'Click 'n Deal' to service its corporate clients based in the Benelux and to connect sales centres in France, Italy, Portugal and Spain to its main dealing room in Brussels. This roll-out forms part of the bank's strategy to expand its customer base in southern Europe. It is also likely that AutoDeal LITE will be used by the bank to offer 'Click 'n Deal' to customers in Asia and the Americas in the near future.

'Click 'n Deal' forms the first stage in Fortis Bank’ progressive strategy of web-enabling several of its Financial Markets services in the coming months. Online foreign exchange dealing was launched in November, with several more services following shortly.

"Cognotec's services have become the benchmark in the provision of e-commerce dealing solutions. We wanted to come to market as soon as possible while providing a solid and professional service to our customers and Cognotec was the best choice. Now we have become the first bank to offer online foreign exchange trading in the whole Benelux region", said Jos Dekeukeleire, Director of Sales for Financial Markets.

"That the first bank in the Benelux to offer online foreign exchange trading is also the first bank from the region to adopt Cognotec AutoDeal LITE speaks volumes about the levels of acceptance the Cognotec e-commerce trading services now enjoy among the international trading community. We look forward to many more leading European institutions following in Fortis Bank's steps", said Stephen Butcher, Managing Director for Europe at Cognotec.