Wall Street Systems and Cognotec launch integrated FX solution

Wall Street Systems, and Cognotec have launched an integrated FX solution delivering out-of-the-box connectivity for banks which are already established with, or considering implementing, either vendor's system.

First Published by e-Forex News: July, 2005

Wall Street Systems, and Cognotec have launched an integrated FX solution delivering out-of-the-box connectivity for banks which are already established with, or considering implementing, either vendor's system.
With the new integrated solution, all functionality from price discovery to trade execution will be performed by Cognotecs AutoDeal+ platform. It provides rate feed processing, automated pricing configuration and management, dealer intervention facilities, margin/spread management, streaming rates, credit risk monitoring, and settlement capture. From the point of trade execution in the new solution, transactions flow into The Wall Street System treasury and capital markets front office trading solution to provide trader analytics, P&L, position and risk management. The post-trade transaction processing and risk management will also be carried out through The Wall Street System. It provides integrated trade confirmation, authorization and settlement, including real-time views of all trades, and real-time and historical trade valuation which can be viewed by clients over the web using the WSS eOperations solution.