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Currenex and Wall Street Systems Improve Post-Trade STP

June 26, 2006 - LONDON – Currenex, Inc. added Wall Street Systems, a leading provider of global treasury and capital markets solutions and services, to its list of partners within Foreign Exchange markets. The partnership will provide joint customers of Currenex and Wall Street Systems seamless straight-through processing (STP) integration that will increase the speed of transaction processing while reducing processing costs. 

Clifford M. Lewis, CEO and Chairman of Currenex, said, “We’re delighted to provide this technology with Wall Street Systems. The flexibility and security of our STP solutions will support the continued expansion of our core business—providing tangible benefits to leading financial institutions.”

Currenex FXintegrate provides members with a wide variety of integration choices through open, flexible, standards-based solutions, in order to support the complete FX trading life cycle and workflow process.
 
Rick Schumacher, director of FX Products at Wall Street Systems, added, “A number of our clients have become active on the Currenex platform, so it makes sense to offer a real-time packaged STP solution that is standardized and easy to implement.  We continue to work with our clients to streamline their workflow wherever necessary.”

 


Wall Street Systems – The Leader in Global Treasury & Capital Markets Technology
Wall Street Systems provides a comprehensive range of solutions that deliver tangible business benefits to the world’s leading financial institutions and corporations.

Full Coverage for All Your Treasury and Capital Markets Business
Wall Street Systems provides the market leading multi-entity, multi-currency, multi-asset class STP architecture which supports all front, middle and back-office operations. Whether you are seeking a solution for a single part of your business or enterprise-wide, our proven technology and services are designed to meet your detailed requirements.

A Long Term Commitment To World Class Service
Wall Street Systems has a successful track record since 1986, built on long-term partnerships that ensure ongoing return on investment for our clients. Wall Street Systems has a staff of more than 250 consultants and engineers operating from headquarters in New York and offices in London, Singapore, Tokyo and Sydney. These professionals are ready to ensure that the skills, capacity and process controls are in place to meet the business priorities, regulatory requirements, M&A activity and future plans of each client.

For more information, please visit www.wallstreetsystems.com

 


About Currenex
Currenex®, Inc. is the leading technology provider of foreign exchange Spot, Forward, and Swaps trading solutions for global financial institutions, funds, corporations, banks and other market participants. Offering Executable Streaming Prices (ESP™), Request For Streams (RFS), Benchmark Trading, Algorithmic Trading, and complete Prime Brokerage functionality with fully integrated Straight Through Processing (STP), Currenex connects more than 60 global banks to a superior electronic trading network, making Currenex one of the deepest liquidity pools in Forex. Accessed through a global electronic communications network, Currenex patented technology is also available to users in privately-branded solutions. Additional information can be found at www.currenex.com.

Authorised and Regulated by the Financial Services Authority | Currenex (UK) Limited, 71 Kingsway, London WC2B 6ST, UK.
Registered in England No. 3882136.


Press Contacts:

Currenex:

Richard A. Wright
Currenex, Inc.
212 340 1799
(richard.wright@currenex.com)

Beverley Doherty
Currenex UK Limited
+44 207 400 6212
(beverley.doherty@currenex.com)


Wall Street Systems:

Leonie Alsop, Head of Market Communications
Wall Street Systems, Inc.
+44 (0) 207 827 0430
(leonie.alsop@wallstreetsystems.com)