Chase Installs FX Position-Keeping System Now In Pilot Mode In New York, London
TECHNOLOGY
Chase Manhattan Bank has installed a deal-capture and position-keeping system, developed by Dynamic Decisions Inc., at its New York and London foreign exchange trading rooms.
The system, known as the Fully Automated Comprehensive Trading System (FACTS) is in pilot mode at both sites. FACTS is being modified according to Chase's requests and likely will go live with full functionality in the fall.
Dynamic Decisions is a New York-based financial technology consultant that has turned its talents to
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