Currenex, the online currency exchange, and RCP Consultants, a UK software supplier specialising in straight through processing, today announced delivery of connectivity between the Currenex FX trading system and buy-side treasury and portfolio management systems.
Currenex worked closely with RCP to develop the interface that enables clients to automatically capture trade data from Currenex’s FX deal ticket API and transfer the data to a range of treasury management and portfolio management, including Reuters’ Kondor+ and Sungard’s Quantum, creating seamless straight through processing. This collaboration is in direct response to buy-side and sell-side members’ needs.
“We are excited to offer our members with an additional way to manage and integrate their trade data,” said Lori Mirek, President and CEO of Currenex. “This partnership between Currenex and RCP gives our members the ability to implement and reap the benefits of seamless integration immediately without the usual overhead of building custom solutions to achieve straight through processing.”
John Richards, Managing Director of RCP said, “RCP is delighted to provide the technology to enable the global FX market to function more efficiently and to allow organisations worldwide trading on Currenex to connect their treasury management and portfolio management systems quickly and easily without the need for software development.”