Julius Baer Licenses TraderTools’ STPlatform™

22 April 2008

TraderTools LLC (TraderTools), one of the world’s leading suppliers of electronic Foreign Exchange (eFX) software solutions, announced today that Bank Julius Baer & Co. Ltd. (Julius Baer), the leading dedicated wealth manager in Switzerland, has licensed TraderTools’ straight-through processing platform, STPlatform. Julius Baer intends to take advantage of STPlatform’s complete FX liquidity management capabilities, including:
– Fully integrated global order management system
– Automatic order execution
– Internal order crossing (automated spread capture)
– Flexibility passing the book
– Data mining capabilities

“We were looking for the best liquidity management system for our FX sales and advisory desks and I believe we found it in STPlatform,” remarked Gerard Berclaz, COO of the Markets Division of Julius Baer. “But what really sold us on the TraderTools offering, was the fully integrated global order management system. In a trading room, where every millisecond counts, the deployment of a single platform is particularly attractive.”

“We are encouraged that Julius Baer has chosen STPlatform as their FX liquidity management solution,” added Mark Mayerfeld, Executive VP, International Sales at TraderTools. “Following on the heels of a similar agreement with TD Securities, we are confident in saying that TraderTools’ STPlatform is the only product of its kind in the marketplace.”

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