BT Radianz Meets the Demands of the Foreign Exchange Market
NEW YORK (June 20, 2006) - BT Radianz and Currenex Inc., a leading technology provider of foreign exchange Spot, Forward and Swaps trading solutions, announced the launch of Currenex’s FXintegrate STP solution for global buyside clients, utilizing the BT Radianz Network. Vendors of treasury management systems and other market participants can deliver fully integrated pre- and post-trade processing services with this comprehensive solution that offers robust and secure delivery options.
FXintegrate provides BT Radianz clients with appropriate levels of integration through open, flexible, standards-based solutions to support the complete foreign exchange trading life cycle and workflow process.
“Our clients rely on secure, scalable connectivity for placing trades quickly and efficiently, with full integration of information among all participants,” said Sean Gilman, Chief Technology Officer at Currenex, Inc. “BT Radianz is a key ally in providing connectivity solutions to our trading platforms. Optimal levels of connectivity to Currenex’s services are essential. It’s natural that the best technology in foreign exchange should be accessed with the best connectivity available.”
“Given its large customer base, Currenex’s robust trading platform is well supported by BT Radianz’s shared market infrastructure that provides secure, reliable, low-latency access to major FX trading firms. BT Radianz knows that in the foreign exchange market, complexity, operational efficiency and security are key. Our shared market infrastructure offers a platform optimized for the time-critical demands unique to this market,” said Mark Akass, Chief Technology Officer, BT Radianz, “We’re delighted to contribute to the growth of the industry by working with Currenex.”
Currenex connects more than 60 global banks to a superior electronic trading network, making it one of the deepest liquidity pools in foreign exchange, while allowing clients access to a complete end-to-end solution. Implementing the Currenex FXintegrate STP solution is as simple as downloading files via Excel.