FNX’s Sierra System Spreads Its Influence

TECHNOLOGY NEWS

LONDON--Fidelity Capital Markets has selected risk management software designer FNX’s Sierra System, a front-office trading and transaction processing system for its FX cash and FX options trading.

The software will enable Fidelity to integrate its front-, middle- and back-office systems to provide straight-through processing (STP), in order to minimise operational risk, says FNX’s director of operations, Patrick Cannon in New York.

Farid Naib, chief executive officer and founder of FNX, says:

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