TwoFour signs tier one bank

Source: TwoFour Systems

TwoFour Systems today announced that a top tier financial firm has licensed TwoFour to manage its global foreign exchange and options orders.

TwoFour's newest client is a leading international financial services firm based in New York providing a wide range of investment banking, securities, investment management and wealth management services.

TwoFour's client needed a global solution to capture and manage their FX and FX derivative orders, process these executed orders as trades, and update their positions and P&L realtime, 24x7. Chris Davis, Director of Sales states, "TwoFour is the only vendor application in the market today that can manage orders as well as process the complete trade life cycle including the back office. Signing a tier one investment bank that processes tens of thousands of trades a day proves that TwoFour is the product of choice for premier organizations."

The implementation will be based out of their London office, with users located across the globe. TwoFour will capture client orders, which will be fed to their execution desk and pricing engine. Traders and financial advisors will leverage FIX messaging to connect to their internal systems for pricing.

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