FpML, a Natural Fit for Swapswire
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The key to delivering operational efficiencies and expense savings to the over-the-counter derivatives business is the elimination of the cumbersome and error-prone deal confirmation process.
Swapswire's chief technology officer, Mike Davies, who was recently elected to the standards committee of FpML.org, says his firm "decided to go with FpML right from the start." He explains, "Swapswire is specifically focusing on derivative transactions, which are more complex and diverse than other product
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