Hudson using Spectrum to expand FX
TECHNOLOGY NEWS
NEW JERSEY -- New Jersey-based Hudson United Bank is now using the forex modules of Financial Software Systems’ Spectrum treasury system to manage interbank and corporate spot FX, forward FX, swaps and options.
The bank’s adoption of the system, which supports forex trading from the front to the back office, comes as it intends to expand in FX, said a statement issued by FSS last week.
In particular, Hudson will use the system to offer FX to retail customers, FSS said. Currently the bank’s forex
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