Peregrine Goes Live With Sierra; Whilst FNX Upgrades FX System
SERVICES
Peregrine Investment Holdings, the Hong Kong-based investment bank, has gone live with the Sierra system from Pennsylvania-based FNX to support its spot and forward foreign exchange, money markets and bonds traders. Separately, FNX has announced plans to upgrade its front-to-back office FX options system next year, says Julian Cook, the vendor's product manager for FX products.
Peregrine officials either declined to comment or did not respond to calls by press time. However, sources say the bank
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