Source: TwoFour Systems
TwoFour Systems, a leading provider of global financial transaction processing systems, today announced a strategic partnership with FXall, an online foreign exchange (FX) portal.
The partnership enables the TwoFour Trading Platform to connect directly to the global FX market through FXall's market-leading trading platform.
TwoFour clients executing spot, forward and swap trades through FXall can now automatically access transaction data directly through the TwoFour Trading Platform. FXall trades are processed using the same workflow-based rules and business objects as trades entered directly in the TwoFour system, ensuring consistency and information integrity. In a boost to operational efficiency and productivity, traders have real-time access to consolidated positions information across all transactions executed through FXall and other sources compatible with TwoFour. TwoFour currently supports direct transaction entry and data feeds through Financial Information eXchange (FIX) Engines, databases, XML and file exchange.