FC Stone implements TwoFour system

FCStone, the Chicago-based provider of commodity risk management services, has implemented the TwoFour System from treasury, FX and cash management technology provider, TwoFour. FCStone previously used a series of internally developed applications and manual processes to manage its proprietary FX positions and P&L. According to TwoFour, FCStone sought a new platform to monitor these positions and rates in real-time, better manage its trades and reduce risk.