CSK To Deliver Velocity's Internet Trading System To European Banks

INTERNET TRADING TECHNOLOGY

SYDNEY--Australian software firm Velocity Systems is to market its internet-based FX and money markets trading system to European banks following an agreement with CSK Software to distribute the system.

Velocity developed the system -- called v-banking -- for corporate and institutional customers. The system uses a single screen customer interface to access banks' dealing room services via the internet.

V-banking offers market data, analytical tools, daily news and briefings, and a messaging

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