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TECHNOLOGY NEWS

Cargill upgrades Sierra

Cargill Investor Services in Chicago has taken the latest release (4.4) of the Sierra treasury solution from Philadelphia-based FX technology firm FNX to improve the efficiency of its over-the-counter derivatives processing.

Cargill first deployed the system in 2001 to provide STP for its OTC operations in FX, commodities, and FX options, and to support trade handling, client statement generation, and payment processing.

Version 4.4’s new features and benefits include

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