Consulting Firm Develops Software For Analysing FX Netting Benefits

DEALING & NETTING

A London-based consulting company specialising in technology for wholesale banking has developed a software tool to help banks decide whether foreign exchange netting through one of the four existing services offers them significant benefits and which service suits them best.

TCA Consulting associate director David Field says the program, Software Tool for Netting Analysis Benefits (Stab), speeds up the evaluation process and reduces uncertainty and confusion for bank executives concerned ab