More NewsFortis Bank Global Clearing Picks TwoFour for FX

Fortis Bank Global Clearing Picks TwoFour for FX

Fortis Bank Global Clearing (FBGC) has licensed the TwoFour System to automate its foreign exchange (FX) risk management, clearing and settlement processes. The initial scope for its client services business includes FX spot and forward activity as well as for vanilla over-the-counter FX options.

FBGC’s business has undergone significant changes recently and additional volume growth is anticipated.

Andrew Gibson, FBGC’s sales manager – FX products, said: “We selected TwoFour because of its reputation and knowledge of the FX market. Its application will allow us to easily support our anticipated volume and its workflow design will make it possible for us to achieve very high straight-through processing percentages for all products.”

Related Articles

Infosys Finacle to power Santander UK’s international cash management system

More News Infosys Finacle to power Santander UK’s international cash management system

3w The Global Treasurer
Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

4m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

5m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

5m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

5m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

5m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

5m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

6m Tasja Botha