Sungard coup for FXConnect

Under the terms of the deal, FXConnect, the Boston-based bank's multi-bank FX trading platform, will be embedded into the treasury workstations of Sungard's clients -- bringing FXConnect a potential 1,400 corporate clients. The first trades could go through "within days", said Simon Wilson-Taylor, head of Global Link, the portal that hosts FXConnect.

The deal -- to be announced today -- is the first marriage of major pools of buy-side and sell-side liquidity in e-FX. "It's an exact match. It

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