Front Capital Systems, an operating unit of SunGard, has launched the latest version of front Arena Treasury Trader for foreign exchange and money markets. The key feature in the new release, according to Front Capital Systems, is a rules-based spread matrix that allows clients to automate the sales margin process based on such attributes as counterparty, currency and amount. Sales traders and managers can also track customer sales margins over days, weeks, months or years while at the same time banks can aggregate and track sales margins based on legal entity or customer, said the company. ‘This latest version of Treasury Trader allows banks to create automated spread matrixes using a basic flat spread across all counterparties,’ said Stephen Butcher, chief operating officer at Front Capital Systems.
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