SunGard portal set for August launch

TECHNOLOGY NEWS

LONDON -- The multi-bank FX industry will have to wait until August to assess technology firm SunGard’s offering, STN Treasury, which has been delayed until later this summer, a spokesperson at SunGard in London told FX Week.

"We are currently piloting the system and we will be going live in August," the spokesperson said. "When that happens we will be publishing trading volumes and details of our partners."

David Hyatt, managing director, SunGard Europe, told FX Week that the portal would be