Online foreign exchange portal Currenex and technology vendor Wall Street Systems are showcasing a new treasury trading systems interface for automated currency dealing.
The interface will allow users of Wall Street's electronic treasury information exchange (eTIE) platform to automatically receive trade and settlement details from Currenex’s FXtrades multi-bank currency exchange via the eTIE platform.
The interface is based upon the Twist protocol standard, which both companies have helped develop, and is being showcased at the Association for Financial Professionals Conference in Chicago this week.
Jim Kleckner, vice president products and development at Currenex, notes: “Real-time automatic updates between Wall Street Systems and Currenex eliminate costly errors and streamline treasury operations.”