Swift Adds Cash, Fixed Income to Accord
"We're always looking to expand asset class coverage," says Fabian Vandenreydt, head of broker-dealer services for Swift. "If you look at the requirement from asset managers and the brokers, they're looking for solutions that cover as many asset classes as possible through a single interface," he adds, pointing out that Accord already supports derivatives, foreign exchange (FX) and money market instruments.
The new service will have executing brokers feeding their trade confirmations into Accord
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