SunGard cites slow portal take-up as it closes multi-bank FX
Another chapter charting the rise and fall of multi-bank trading platforms was completed last week, with the closure of technology firm SunGard’s multi-bank foreign exchange portal.
Greg Pond, group chief executive officer of SunGard Treasury Systems, said the move was in response to the industry’s slow take-up of portals - a factor that has already contributed
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