Fox-Pitt UK Gets To 15022 Minus The Migration
OPERATIONS AND STP
LONDON--Fox-Pitt, Kelton Ltd., the UK arm of global broker-dealer Fox-Pitt Kelton, was able to bypass the migration from 7775 messages to the forthcoming Swift 15022 standards by developing its way out of a proprietary, in-house solution.
By using HelioGraph’s ISO 15022 messaging solution, the broker-dealer went live in January with a system written via HelioGraph’s integrated development environment (IDE).
FPK’s three-person development team, headed by Sumati Kumar, director of operations
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