Its FOXI vs. FXPAD At Volksbank Reuters Picked As Integrator

TECHNOLOGY

Swiss Volksbank has selected Reuters as systems integrator for its new 139-position trading rooms in Zurich, but is still debating about which foreign exchange analytics package to install. It's FOXI, the incumbent forex rates and calculation system, vs. Infotec's FXPAD.

Although FOXI, Ascom Banking Systems' foreign exchange package, appeared to have the early lead, Volksbank officials say they have signed a letter of intent with Infotec for delivery of a customized version of its FXPAD (Foreign

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