Principia Partners Forms Alliance with FXall
Principia Partners LLC, a leading provider of full front-to-back office systems for global capital markets, announced an alliance with FXall, the electronic trading platform for foreign exchange. This alliance combines the strengths of both companies’ solutions to deliver a fully functional FX corporate portal, which enables Principia’s clients to trade currencies 24 hours a day via a single point of access, for research, analysis, trading, execution and all their processing needs. The new alliance draws on the strengths of the Principia Analytical System (PAS) which can now provide the infrastructure for a ‘one stop’ solution from input through to execution and processing, saving time and lowering costs for both clients and FX dealers. Traditionally, currency dealers depended on phone-based dealing and updated positions manually. The alliance also gives FXall’s liquidity providers access to a larger pool of clients leading to greater transparency and liquidity.