Firms line up to join FX standards group

New members include National Australia Bank, Royal Bank of Scotland, SEB, Standard Chartered and JP Morgan Chase, but other new members have joined from the ranks of corporate firms and software vendors.

The most recent addition, National Australia Bank, joined Twist last week.

"Twist has the potential to have as significant an impact on the processing of financial transactions this century as the introduction of Swift did last century," said Craig Bright, head of technology for corporate and