State Street provides FX workflow solution to MLIM

State Street has developed a comprehensive foreign exchange execution management workflow solution via its Global Link network for Merrill Lynch Investment Managers (MLIM) based in London.

First Published by e-Forex News: July, 2006

State Street has developed a comprehensive foreign exchange execution management workflow solution via its Global Link network for Merrill Lynch Investment Managers (MLIM) based in London. Using Global Links FX Connect execution platform, the workflow solution fully integrates with MLIMs current processes. It allows MLIMs equities business to aggregate multiple sources of FX requirements, view associated compliance requirements, trade with multiple counter-parties, and access reporting capabilities all through a single platform.
Simon Wilson-Taylor<br><br>This collaboration with MLIM is a next step in the evolution of foreign exchange solutions, said Simon Wilson-Taylor, managing director and worldwide head of Global Link for State Street. As transparency and compliance requirements become more time consuming, a flexible and full-service solution that spans multiple trading processes significantly increases trading efficiencies.