Alstom picks FXpress

The web-based system, which is less than a year old, has fully integrated functionality for foreign exchange, commodities and interest rate market data. Other functions include accounting functionality, auditing for Sarbanes-Oxley compliance and integrated market data, as well as front- to back-office processing of exposures and derivatives.

William Schoelwer, treasurer of US operations and leader of Alstom's derivatives accounting working group said First is not only user-friendly with good

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