State Street acquires Currenex
NEWS
The deal closed last Monday (March 5), with plans to integrate Currenex technology into Global Link, State Street's multi-asset class trading platform. The newly acquired system will work alongside State Street's multibank platform FX Connect. The bank said there will be virtually no overlap between the two systems.
"Our technology is going to be integrated, but not necessarily our platforms," said a New York-based spokesperson at Currenex. "They have certain back-office aspects of their business
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