Commerzbank Taps Aleri for FX Pricing Platform

The new application, dubbed FX Pricer, is based on the Aleri Streaming Platform from Chicago-based event processing technology provider Aleri. FX Pricer will provide rates for FX spot and forwards and money market instruments, beginning with 120 currency pairs. The bank will add other pairs according to client demand, and also plans to add FX options pricing capabilities at some point in the future, says Klaus Hoffmann, head of FX and precious metals at the bank's Corporates and Markets division

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