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

Cognotec Japan K.K. selected by the Bank of Tokyo-Mitsubishi Ltd to provide on-line foreign exchange dealing and to provide connectivity to the FXall multi-bank portal

Tokyo, 26th February 2001: Cognotec Japan K.K., a joint venture between SOFTBANK Finance company and Cognotec an Irish e-commerce service provider, has been selected by the Bank of Tokyo-Mitsubishi (hereinafter, BTM), to provide on-line foreign exchange dealing using the Cognotec AutoDeal LITE service.

The Cognotec e-commerce solution is delivered using the Application Service Provider (ASP) model and will enable BTM to provide on-line FX dealing services to a range of globally active clients which include international and Japanese manufacturers, general trading companies, institutional investors and major corporates through its three major dealing locations Tokyo, London and New York from this spring.

BTM who are an equity holding member of FXall the multi-bank consortium, intend to provide connectivity to the FXall portal by using the Cognotec FXall CONNECT service which was recently launched. Cognotec FXall Connect will enable BTM to provide foreign exchange pricing and trade execution seamlessly to its clients through the FXall platform with connectivity between the Cognotec AutoDeal LITE service and the FXall portal. Cognotec was approved as a technology provider to the FXall multibank consortium in November 2000.

BTM stated that their criteria for selecting Cognotec as the provider of their on-line trading service was based on its established track record in delivering automated FX trading solutions to financial institutions across the globe, its ability to anticipate future requirements especially with regard to API’s (Application Programming Interface), enabling connectivity between different systems i.e. between FXall and bank systems, and being able to deliver a speed to market service. By adopting the Cognotec ASP model solution, BTM will not have to build its own infrastructure, thus enabling it to significantly reduce cost, and shorten the implementation time scale for the FXall project.