TwoFour, www.TwoFour.com, a leading provider of global trading solutions, today announced the addition of interest rate and currency swap functionality in its coverage of derivatives.

TwoFour's interest rate and currency swap functionality makes it easier and more efficient to manage portfolios containing a broad range of financial instruments, including foreign exchange and over-the-counter (OTC) derivatives. TwoFour automatically captures interest rate swap activity, updates relevant cash flows in real- time, calculates and displays profit/loss, and triggers confirmations, settlements, accounting, and reporting according to configurable business rules.

TwoFour offers both vanilla interest rate swaps and cross-currency swaps, using industry standard financial analytics for valuing asset swaps. TwoFour also provides the flexibility to access any valuation API, enabling organizations to use their preferred methodology. TwoFour is designed to support additional derivatives and functionality, and will continue to partner with customers to extend the new offering.

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.