Atriax and RCP develop treasury adapter

Atriax and RCP develop treasury adapter

Atriax and RCP Consultants have teamed up to provide connectivity between the multi-bank electronic foreign exchange portal and treasury and portfolio management systems.

The AtriaxAdapt product uses an electronic adapter to connect to proprietary trading systems for the purpose of automated straight-through processing.

Dan Morehead, CEO of Atriax says: “Our strategy is to offer the widest range of choices for the connectivity required to achieve straight-through processing. Atriax and RCP have delivered the first generic connectivity solution in this space."

Users now have four connectivity options to Atriax' dealing engine - manual deal input and output; batch deal import and export via spreadsheet; automated connectivity to the treasury or portfolio management system using the Atriax Integrated Download API; and full systems integration using the Atriax Integrated RFQ and Download API.

John Richards, managing director of RCP says the tool will allow Atriax members to connect their treasury management systems quickly and easily to the Atriax dealing engine without the need for software development.

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