TwoFour Systems, www.TwoFour.com, today announced that Travelex will be using TwoFour as their global FX trading system. Travelex, the world's leading global business payments specialist, recently completed the acquisition of Ruesch International, a premier provider of business-to-business global payment solutions. Travelex, which prides itself on having world class technology platforms, evaluated the TwoFour application as part of the acquisition. After comparing the functionality of TwoFour to its existing applications, Travelex chose to leverage TwoFour for FX trading in its Toronto, London, and Sydney offices. Travelex has also agreed to extend its usage of TwoFour to include position limit monitoring.

Ruesch had originally licensed TwoFour in 2005 because the business required a global solution to capture and manage its FX trades, and update its positions and P&L real-time, 24x7. Chris Davis, Director of Sales states, "Ruesch was the first TwoFour client, and we are delighted to support its expanded business. The fact that Travelex assessed TwoFour and decided to leverage TwoFour in its offices around the world further validates that TwoFour is the product of choice for premier organizations."

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 currently supports foreign exchange, money market products, internal arbitrage, cash management, fixed income, interest rate swaps, metals, futures, exchange traded options and OTC options. TwoFour currently supports real-time trading and sales activity including order management, trade capture, position management, limit management, real-time p/l, confirmations, netting, matching, allocations, fees processing, settlements and accounting.