Misys and Hotspot FXi sign partnership agreement

Misys Banking Systems has announced that Misys Global Managed Services, its front-to-back treasury services arm, has signed a strategic partnership agreement with Hotspot FXi.

First Published by e-Forex News: October, 2005

Misys Banking Systems has announced that Misys Global Managed Services, its front-to-back treasury services arm, has signed a strategic partnership agreement with Hotspot FXi. The partnership enables the integration of Hotspot Fxis foreign exchange marketplace with Misys integrated treasury services portal (Misys Treasury) to deliver transaction and application services to over 4,000 treasury professionals worldwide. Misys Treasury customers will be able to access Hotspot Fxis marketplace in which FX market clients buy and sell currencies directly and anonymously with each other and leading FX banks.<br>
R. Keith Lite, Director of Business Development, Hotspot FXi, comments: We have seen tremendous interest from the treasury groups of multinational corporations and asset managers in trading foreign exchange via Hotspot Fxis transparent electronic marketplace. Integrating our platform with the Misys treasury platform creates a robust solution for treasury clients seeking FX best execution and comprehensive post-trade functionality.