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Brokers combine to tidy the back office

A rare amnesty between competing brokers has led to the development of a deal capture system that, the partners hope, will “bring the back office into the 21st century.”

London-based Icap and TFS have launched energyCheckPoint, a system that automates confirmation between broker and counterparty, as well as keeping trading managers and the back office informed.

The technology, licensed from

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