Man Financial Limited Selects TwoFour for its Treasury Business
White Plains, NY - May 22, 2007
 

TwoFour is pleased to announce that Man Financial Limited, the brokerage division of Man Group plc has licensed TwoFour for its Treasury business in Europe and North America. Man Financial will use TwoFour to manage its global foreign exchange, money market, cash management, exchange traded futures and options as well as OTC options. TwoFour and Man Financial will work to jointly develop additional functionality for Fixed Income and Interest Rate Swaps.

Colin Brumpton, London Treasurer at Man Financial Limited said “We needed an application that supported multiple entities for our central Treasury funding and trading positions. TwoFour’s multi-currency, cross-asset, end-to-end trading solution will help us manage our Treasury business and provide 24 x 7 realtime position keeping.” Man Financial is one of the world’s leading providers of brokerage services. It has offices in key financial centers and acts as a broker for both institutional and private clients.

Chris Davis, TwoFour’s global head of sales and marketing, stated, “We are pleased to be part of Man Financial’s investment in its future Treasury platform. In rationalizing its technology environment, Man is actively addressing a problem faced by many trading organizations. Their decision to move forward with TwoFour is a measure of our accomplishment as a provider of solutions to the financial industry.” “We understand Man Financial’s business and look forward to a long partnership with them that will benefit both of our companies. Providing exceptional service to our clients is a priority at TwoFour.”

About TwoFour
TwoFour is a comprehensive global trading solution for front, middle and back office processing across an extensive set of financial asset classes. TwoFour is designed for real-time, high volume, workflow-based, straight through processing of transactions and is available 24-hours a day, seven days a week. It is designed to easily integrate with an organization’s existing set of software systems and data tools, and is built using the latest, state-of-the-art technologies, including C# and Microsoft’s .NET framework. TwoFour supports FX, money markets, metals, futures, exchange traded options and OTC options trading.

 
 

To learn more, please contact:
Chris Davis
TwoFour Systems LLC
445 Hamilton Avenue
11th Floor
White Plains, NY 10601
914-220-8801
Chris.Davis@TwoFour.com
www.TwoFour.com