TraderTools (TraderTools), one of the world's leading suppliers of electronic Foreign Exchange (eFX) white-label, software solutions, announced today that Man Financial, Singapore (MFS) has licensed TraderTools' exporting engine, ExportTools.
MFS intends to use ExportTools to automate the flow of post-trade executions into its back-office system. MFS has also recently begun an eFX web service, based on TraderTools' white-label STPlatform, available to a select group of customers.
"Man Financial has worked with TraderTools for more than a decade," remarked Tarun Kumar Tandon, Senior Vice President and Head of FX and Bullion Trading at Man Financial, Singapore. "We expect ExportTools' STP functionality to help kick-start our new web service in Singapore in order to help expand our customer base and revenues."
Ronen Avidor, Senior Account Manager of TraderTools, added, "We've enjoyed excellent relationships with Man Financial in both New York and London. This new license in Singapore validates the quality of our technology, service and support."