BOSTON âJanuary 15, 2004 â Linedata Services, a leader in global financial technology solutions, announced today the deployment of a direct interface with FX ConnectÂ®, State Streetâs multi-bank electronic foreign exchange trading system. The interface between LongView Trading and FX Connect provides clients with efficient and seamless access to the foreign exchange marketplace. FX Connect is available via Global Link, State Streetâs industry leading multi-asset class research and trading platform for institutional investors.
The link between FX Connect and LongView Trading combines the power of the top global trade order management system with Global Link, the leading institutional e-commerce platform. The interface eliminates the re-keying of trade information and improves workflow efficiencies. "We have already automated electronic trading in the fixed income and equity markets, now our clients have direct access to the foreign exchange market through the bank of their choice", said Annie Morris, Senior Vice President, Linedata Services. "Our FX Connect link continues our strategy of providing unparalleled access to liquidity across all asset types."
"Several joint LongView Trading and FX Connect clients have expressed their interest in the integration of the two systems. We are delighted that Linedata Services is able to offer this robust and streamlined solution to our mutual clients," said Simon Wilson-Taylor, head of Global Link at State Street Corporation. "Asset managers are concerned with speed and power in their trading systems. LongView Trading provides the superior performance and STP solutions our clients demand."
LongView Trading is the industryâs premium global, multi-asset class order management system, developed to support the needs of portfolio managers, traders, compliance officers and operations personnel. For over ten years, LongView has been servicing clients and leading the OMS market in trading innovations.