GFI Group offers White Labelling solution

First Published: e-Forex Magazine 14 / News / April, 2004

Activity in the FX option markets is increasing and banks are being asked by corporate clients to offer more service enhancing functionality, such as price discovery and position revaluation capability, in addition to the FX option trading services they already provide. However, banks are aware of the many obstacles to developing and delivering their own solutions internally with the result that white-labelling agreements with third party vendors such as GFI are becoming a more attractive and cost effective alternative.GFI has begun working with a number of banks in such white-labelling deals, enabling them to brand FENICS FX Online, GFI’s web delivered pricing solution and deliver the technology to customers. FENICS FX Online leverages the same sophisticated pricing models as those embedded in FENICS FX, the global standard currency option pricing interface used by the large majority of FX options trading professionals....continued

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