Calyon Selects Reuters to Deliver Global FX Trading Platform
Crédit Agricole’s corporate and investment bank, Calyon has selected Reuters as its technology partner in delivering Calyon’s foreign exchange trading platform for its corporate and financial customers. Andrew Kellner, global head of Forex, Funds and Commodities at Calyon, said: “Calyon has been progressively expanding its foreign exchange services over the past 18 months to its growing client base and it was essential that we have a robust e-FX platform to support our business development initiative. After conducting a rigorous review of available platforms, we selected Reuters-RET because it provides a scaleable and hosted solution that addressed our key internal and external requirements. With this new solution, our clients benefit from timely and efficient access to the Global FX Markets.” With RET-AD, the bank’s customers will see live streaming rates and be able to trade either directly with Calyon or with multi-dealer platforms over a standard internet browser. Calyon’s branches will also be able to input their trading requirements electronically, freeing up central dealing room staff to concentrate on promoting the enhanced corporate services to new and existing clients.