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Money Management Group licenses FNX's Aspen Hedge

17 November 2005  |  2083 views  |  0 Source: FNX Solutions

FNX Solutions (FNX), a leading provider of next generation technology solutions for treasury and capital markets, announced today that Money Management Group has selected Aspen Hedge for its FX and Fixed Income operation.

Money Management Group required a complete front office trading solution able to seamlessly integrate with Foreign Exchange and Fixed Income ECNs, single bank platforms and prime brokers. Aspen Hedge met the requirements of both managers and traders by facilitating real-time connectivity to all their electronic partners along with providing the proven technology to trade multiple instruments, see consolidated positions, P&L reporting, and access industry-leading analytics.

Ken Jones, Money Management Group's Director of Risk Management and Trading Compliance said: ""We chose Aspen Hedge from FNX because it is a robust and proven solution. We needed secured access control, high availability and industry leading trading tools. Aspen Hedge was the right choice because it met all of the requirements and provided the connectivity and functionality needed to support our trading operation."

"We are pleased to have Money Management Group as a new client." Said Paul Gibson, FNX's VP of global business development." Our Aspen Hedge solution is well suited to contribute to their successful trading operation as it provides them with the functionality, connectivity, availability and reliability they were looking for. At FNX, we remain focused on developing the most comprehensive functionality to satisfy our customers' evolving business needs."

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