TwoFour Systems, LLC ("TwoFour"), today announced that Auckland, New Zealand-based OM Financial Limited ("OMF") has selected TwoFour's Foreign Exchange ("FX") software solution to manage its FX Payments and Margin transaction activity, front-to-back.
OMF is a full service foreign exchange, futures, options, and equities brokerage firm providing 24 hour service to clients. TwoFour is a specialist provider of global real-time FX and Cash Management software for the financial services industry.
OMF licensed TwoFour to increase processing efficiencies and to support its growth in the FX marketplace. OMF will additionally enhance and extend its client services and support by leveraging TwoFour's client portal to provide external clients with browser-based access to managing their accounts with features including, but not limited to, RFQ, payments, instructions, statements, positions, and reporting. The solution will be leveraged internally in Auckland and Wellington, NZ and by external clients globally.
"We are excited to partner with TwoFour and to leverage their software to enhance our client services. Their technology will evolve with our requirements as we grow and their sharp client portal will provide our clients excellent management of their FX accounts," said Brian Watt, Managing Director, OMF.
"TwoFour is designed to be highly customizable so that its configuration can adapt to our clients and support not only their current business model, but the business model that results from their planned growth. Our client portal was designed with the user in mind and leverages a sleek browser-based interface that provides easy access to desired user functionality", said David Kamp, CTO and Managing Director of TwoFour. "We look forward to partnering with OMF to support the growth of their business and to enhance and extend their client service."