Tech briefs

BNP automates FX for custody

BNP Paribas Securities Services, the custody division of BNP Paribas, has implemented TradeFlow from Atlanta-based Checkfree Financial in London to automate the processing of clients’ FX transactions. This is the first stage of a process to use the system globally across asset classes.

TradeFlow was implemented on a single server, which clients access for trade confirmations and settlements. Gert Raeves, business development director at Checkfree, said the custodia