INTL FCStone Goes Live with TwoFour’s Global FX and Limit Monitoring Solutions

TwoFour, a specialist provider of global real-time FX, treasury cash management, limit monitoring and order management solutions today announced that INTL FCStone (Europe) Limited has gone live with TwoFour’s Global FX and Limit Monitoring Solutions to support its London-based business. INTL FCStone (Europe) Limited will be using TwoFour for FX, OTC, and precious metals trade capture in addition to real-time positions and P&L monitoring. This configuration also includes the use of the Reuters Trade Notification Service (RTNS) for a trade interface. TwoFour's Limit Monitoring Solution is also being used to provide traders with real-time pre-deal credit checks and post trade compliance. INTL FCStone (Europe) Limited’s parent company, INTL FCStone Inc. is a Fortune 500 financial services organization, INTL FCStone Inc. provides execution and advisory services in commodities, currencies and international securities to more than 10,000 customers with offices around the world.

INTL FCStone (Europe) Limited now joins INTL FCStone Inc.’s New York and Chicago offices as users of TwoFour, selected based on its reliability, scalability, flexibility and a track record of success. Following on the heels of the deal signing in September of 2011, TwoFour was able to implement and deploy the solution in just ten weeks. TwoFour’s team worked closely with INTL FCStone Inc.’s resources throughout the entire implementation process, from configuration to rigorous testing. The working relationship ensured an extremely smooth, on budget and on-target implementation and delivery. INTL FCStone Inc. is utilizing TwoFour’s Managed Service option, which allows them the flexibility to host and retain control of the physical infrastructure while leaving operating environment setup and daily operations and maintenance to TwoFour’s Support personnel.

“With this implementation, our traders will have access to information in real-time and be able to make more effective trading decisions,” said Alex MacKinnon, INTL FCStone (Europe) Limited’s Head of FXPB. “TwoFour’s edge is providing client-focused, technically advanced, work-flow based solutions specifically designed to meet not only immediate challenges, but to support longer-term strategic objectives. We have reaped multiple benefits to our business with our use of TwoFour over the years and it's reassuring to know that we can trust in its extensive capabilities as we continue to grow our business.”

Chris Davis, co-founder and global head of sales at TwoFour said, “INTL FCStone Inc.’s expanded use of TwoFour in London is a great example of how companies are using smart technology choices to grow their businesses and lay the groundwork for future success. The London business is well positioned for future growth and we are proud to support their goals with an industry-proven, highly scalable and robust solution.”