FNX Heads for The Med

PORTFOLIO MANAGEMENT

PHILADELPHIA--FNX Limited, a US-based financial markets software company that provides front-, middle- and back-office systems to the buy-side community, has partnered with TransCredit, a Greece-based privately owned international consultancy to extend FNXbest-of-breed treasury systems into Greece, Cyprus and Italy.

This move coincides with the expected announcement of six new hedge funds to be registered in Italy, the first continental country to allow the establishment of onshore registered