B2 RCP launches FAX2MT

FX post-trade specialist B2 RCP, working with Neurosoft Ltd, has launched FAX2MT, a service for converting incoming client confi rmation Faxes into fully validated SWIFT MT 3xx series messages.

First Published by e-Forex News: January, 2011

Paul Burgess

Paul Burgess

FX post-trade specialist B2 RCP, working with Neurosoft Ltd, has launched FAX2MT, a service for converting incoming client confi rmation Faxes into fully validated SWIFT MT 3xx series messages. Paul Burgess, CEO of B2 RCP, said, “Many of the world’s largest banks already use Neurosoft’s software to convert incoming Fax FX trade confi rmations into SWIFT MT3nn series messages. Using our secure, fi nancially regulated messaging hub in Luxembourg we are in the unique position of being able to offer this facility as a pay per use service. This means that banks, with fax volumes too low to justify the cost of installing the Neurosoft product in house, can simply send a Fax image or PDF fi le to the B2 Hub and receive a fully validated SWIFT message in return, signifi cantly increasing their level of STP at a minimal cost.”