Cognotec Expands Bank of Tokyo-Mitsubishi Deal
The Bank of Tokyo-Mitsubishi, Ltd. (BTM) has extended its use of Cognotec’s AutoDeal+ platform for Internet-based FX trading to its client base throughout Japan. BTM has also introduced Online FX Services to its North American franchise using the Cognotec service. BTM originally went live with the Cognotec AutoDeal LITE solution in 2001 to deliver automated pricing and trading capabilities to its clients via the FXall multi-bank foreign exchange trading portal. The bank has since expanded its use of the Cognotec solution to AutoDeal+, and introduced its own branded Internet-based foreign exchange trading service, FX@BTM. BTM is using FX@BTM to enable its branches and clients in North America to transact with its main North American dealing room in New York.