Citi Sets September Migration Deadline for Velocity

Dan Osborne, New York-based director of FX electronic commerce, says that more than 90 percent of users have already been transferred over. The process of moving clients to Velocity began in mid-January. The platform officially launched two months later.

Osborne says that clients yet to make the move are those who had to complete straight-through processing (STP) projects prior to integration with Velocity, or had requested changes to the offering. "These changes included adding a print ticket

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