Forex Advisory Services Leaves Clients In Lurch, Bidding Starts

- By FX Markets Staff
- @FXMarkets_
- 20 Jul 1992

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Clients of software vendor Forex Advisory Services (FAS), former provider of the Integrated Dealing Support System (IDSS) treasury deal-capture and position-keeping system, are scrambling to protect themselves in the wake of FAS's demise. The vendor entered receivership on June 27th and a buyer is expected to be named within the week. All of FAS's staff, including field engineers and account representatives, were made redundant on June 4th.

Since then, FAS's 26-odd IDSS clients, as well as

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