White Plains, NY –TwoFour Systems, www.TwoFour.com, is proud to announce that it has become a participant in the Logicscope Vendor Partner Program to provide improved connectivity within the FX markets.
The joint solution delivers deal data via TradeSTP into TwoFour Systems’ workflow based, trade processing system, TwoFour. With TradeSTP increasingly being used as an integration platform for various e-commerce trading venues, clients of the solution are able to streamline trade processing, reduce reconciliations and manual errors and allow traders and management to focus on more value added responsibilities.
Nick Dyne, founder of Logicscope, commented, "We are very excited about the arrangement with TwoFour. They have just come to market with TwoFour and are already making very good penetration into the banking and brokerage community. There is a synergy between these two solutions, which provides optimal connectivity within the FX markets that will lower operational risk and eliminate duplicate trade capture and manual input for our clients."
Chris Davis, director of Marketing and Sales at TwoFour Systems, said, "We look forward to a long successful relationship with Logicscope. Our partnership allows both companies to focus on what we do best; Logicscope with their connectivity and TwoFour with its trade processing, position keeping, risk management and post execution processing."
Logicscope is a leading provider of post-transaction messaging, market data integration and straight-through-processing software to financial trading institutions. Logicscope’s solution, TradeSTP, is a straight-through-processing architecture which allows post deal data from FX, options and other instrument transactions to be delivered and integrated into counterparties' back office systems.
TwoFour is a comprehensive global trading solution for front, middle and back office processing across financial asset classes. TwoFour is designed for real-time, high volume, straight through processing of transactions and is available 24-hours a day, seven days a week. TwoFour is written in C# and runs on Microsoft’s .NET framework. Information about TwoFour Systems is available at http://www.TwoFour.com or contact Chris Davis at 914-220-8801 or Sales@TwoFour.com.
TwoFour joins Wall Street Systems, Velocity International, Cameron Systems and Forex Manage in the Logicscope Vendor Partner Program, which was first announced in September last year. The program was set up to maximize connectivity to electronic FX trading venues within the FX and related markets. The partnership between TwoFour Systems and Logicscope provides the added benefit of pre-installation readiness.
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