Clariden Centralises FX Pricing Data

The solution, dubbed FXLine, is a white-labeled version of the MM3 rate management and calculation engine from Swissrisk Financial Systems, using data from Thomson Financial—though a Swissrisk official notes that MM3 can be used with other different data vendors.

The system was originally rolled out pre-merger by the former Clariden firm last year. Since the merger of that business with Bank Leu, Bank Hofmann, BGP Banca di Gestione Patrimoniale and Credit Suisse Fides—the securities dealer

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