Currenex Partners with SimCorp to Provide Straight Through Processing for Currency Trading between IT/2 and FXtrades

SimCorp and Currenex™, Inc have formed a partnership to provide a combination of online FX trading with straight through processing to their joint corporate treasury customers. As a result, Currenex’s market leading internet based FX trading service will be integrated with SimCorp’s IT/2 investment and treasury management systems, which provides integrated cash, deal and risk management. Currenex provides the first operational global currency exchange open to institutional buyers and sellers worldwide. Its Internet-based service, FXtrades, is a real-time foreign exchange marketplace that provides a total trading solution from initiation and execution to settlement and reporting.


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