PELL Futures Selects Financial Server for Basis of FX Order System

Leading Asian independent Commodity Broker, PELL Futures, chooses Financial Fusion Server FX4 for data exchange processes and global cross-currency payments solution for its institutional customers.

(PRWEB) November 1, 2009 -- PELL Futures has implemented Financial Fusion FX4 Server to support the routing of electronic financial orders in the FX protocol and cross-currency payments solutions for the accredited clearing houses.

PELL Futures chose Financial Fusion Server FX4 to fulfill its straight through processing (STP) initiative to automate the processing of financial orders with its customers, and guarantee enhanced service quality while handling large transaction volumes.

Because we know that the project would dictate the structure of the information systems, the solution we were looking for, had to be highly reliable and durable," explained Ling Dao-Chang, PELL Futures Development Officer. "The wealth of functionality delivered by Financial Fusion Server FX4, has been constantly committed to FX, keeping pace with the changes to that protocol and building them into the Financial Platform that the industry needs.

With Financial Fusion Server FX4, we can standardize our transactions via FX, a protocol that is very popular among our institutional customers. The result is that we can now deliver top quality service to PELL Futures institutional clients, concluded Ling Dao-Chang.

Johannes Krogh, Technical Officer at PELL Futures, responsible for the system implementation: "Financial Fusion Server FX4, is a key tool in any financial institution's STP policy. Based on an open, 100% Java-EJB architecture, Financial Fusion Server FX4 has been implemented on redundant SUN platforms, to guarantee the ability to handle increased workloads and satisfy PELL Future's demand for high uptime."

Financial Fusion Server FX4 is a platform for the management and routing of cross-currency payments solutions. It provides financial institutions with an automated Straight through Processing (STP) capability from buy-side to sell-side. With its XML-based message broker component, Financial Fusion Server manages the distribution of financial means and supports a broader range of protocols: FIX , SWIFT, FpML,GSTPA, Omgeo, EMX, RITD

Financial Fusion Server FX4 is a fully integrated part of PELL Future's STP implementation.

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