AM Rosenthal live with FNX's Aspen ASP system
14 May 2007 | 1537 views | 0
Source: FNX Capital Market Solutions
FNX Capital Market Solutions (FNX), a leading provider of next generation technology solutions for treasury and capital markets, announced today that A.M. Rosenthal & Company is now using FNX's ASP solution, Aspen, to support its global OTC trading operations for its Foreign Exchange division.
FNX, through its Aspen software, provides A.M. Rosenthal & Company and its clients with real-time straight through processing, real-time margin utilization and position management. Utilizing FNX's proprietary leading middleware platform, SierraLink, A.M. Rosenthal & Company achieves a seamless, automated and integrated processing environment. Electronically executed transactions are consolidated in real-time on the Aspen platform.
"In this fiercely competitive marketplace, we are always looking to offer a more comprehensive, convenient and competitive service. The interface capabilities of FNX's Aspen allows us to make more informed decisions," said Joe Conlan, Director of Foreign Exchange at A.M. Rosenthal & Company. "Plus, the ASP model had us up and running within 90 days."
Farid Naib, CEO and Founder of FNX Capital Markets Solutions added, "Connectivity has always been a core competency at FNX. Furthermore, the ASP model, which provides clients with a sophisticated system at an affordable monthly fee, has proven particularly attractive to FCMs looking to gain a competitive trading advantage."