Infinity at AMB: African Merchant Bank (AMB) is using Infinity's Panorama and Devon systems to offer straight-through processing for forex contracts. The bank's front-to-back office derivatives and risk systems now send automatic Swift confirmations and payment notices in real time, says bank officials, eliminating a previously manual process.

Joanne McReadie, head of AMB's treasury operations group, says the new automated Swift interface allows the bank to "easily absorb increasing transaction

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