Westpac partners with Broadway Technology for aggregated solution
Westpac has replaced its proprietary foreign exchange aggregation service with a white-label offering from US-based trading solutions provider Broadway Technology. The bank plans to initially offer spot FX trading capability, expanding to cover forwards and non-deliverable forwards at a later date.
The Australian bank says its original offering, which was transacting close to $100 billion worth of deals a month, had reached the end of its shelf life, and Broadway's technology will allow it to
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