Sungard And Cognotec Collaborate On Delivering Seamless FX Solution
Cognotec, a leading provider of foreign exchange e-commerce solutions to the financial industry, has announced a strategic collaboration with SunGard to provide connectivity to SunGard’s STN Treasury, a multi-bank trading platform for foreign exchange and money markets. The collaboration will enable Cognotec’s bank clients to deliver seamless pricing and straight-through processing to their customers via SunGard’s STN Treasury service. STN Treasury was launched in 2001 to enable SunGard clients to take advantage of the price and compliance benefits of using a multi-bank platform, combined with increased levels of straight-through processing.
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