Wells Fargo Automates Foreign Exchange Operations With Opics

TECHNOLOGY & INTEGRATION

Wells Fargo Bank North America has licensed an integrated suite of trade processing applications for its foreign exchange operations, based in San Francisco.

The new systems will automate previously manual procedures including position keeping, say bank officials.

Wells Fargo's new applications are components of the Opics range of software modules developed by the Frustum Group, a New York-based financial systems consultant and vendor.

Opics runs on PCs under various flavours of Microsoft's Wind

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