Bloomberg, Swift to Offer FX STP
As part of the strategy to grow its existing FX business, Swift has developed a new integrated middle- and back-office offering that hooks up with trading platforms for better straight-through processing (STP), according to Fabian Vandenreydt, head of broker-dealer and pre-settlement services for Swift. "It's an extension of the services we already provide in the FX space," he adds.
To link to the trading platforms Swift will be leveraging its existing real-time connection, says Vandenreydt
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