And Then There Were Three

THIS WEEK'S LEAD STORIES

After two years of development (TST, November 23, 1987), Quotron Systems Inc. is getting ready to put its foreign exchange dealing system into beta test.

A simulation of the hush-hush system, called FX Trader, was shown last week to selected banks at the ACI Forex 89 show in Lisbon. While the demos were off-limits to the press and Quotron declined comment, TST got a peek.

Using a DECnet architecture, FX Trader will go into initial beta test this fall at 15 banks in New York, London and Tokyo

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Northern Trust building internal cloud data ‘marketplace’

Using a mix of in-house expertise and third-party technologies, the firm has constructed a cloud-based data mesh that gives internal staff access to proprietary datasets and analytical tools to deliver greater insights into client activity.

Nasdaq reshuffles tech divisions post-Adenza

Adenza is now fully integrated into the exchange operator’s ecosystem, bringing opportunities for new business and a fresh perspective on how fintech fits into its strategy.

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