Cognotec rolls out new rate model

Cognotec, the Dublin-based provider of automated foreign exchange trading systems, has launched a tool to support financial institutions in gathering rates from multiple sources and using them to generate a market rate based on their own criteria. The system, known as RealStream – Rate Manager, delivers pricing calculations through various price distribution channels. The vendor says the product will allow financial institutions to competitively manage and distribute prices to a range of

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