Rosenthal Collins Group live with ASPEN FX

First Published: e-Forex Magazine 33 / News / October, 2008

GL TRADE has announced that Chicago-based Rosenthal Collins Group, LLC (RCG), has gone live with GL TRADE’s ASPEN for FX trading back-office operations. ASPEN FX will enable RCG to manage positions from its institutional FX group. GL TRADE’s ASPEN is a feature rich, proven ASP solution offering a suite of trading, position management, risk management, processing, and general ledger tools. Through ASPEN’s platform, RCG was able to connect to five FX electronic trading platforms and a rate provider to support its operations. ASPEN gives RCG’s institutional FX group a straight-through processing environment that automatically processes transactions and generates client reports. Furthermore, with the ASP deployment model, RCG was able to start using ASPEN in less than 60 days.     ...continued

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