CCF Upgrades FX Technology As N.Y. Treasury Team Grows

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In anticipation of continued growth as it expands its foreign exchange sales and trading business in New York, Crédit Commerciale de France (CCF) has upgraded its front- and back- office foreign exchange software system, installing New York-based Treasury Management Systems' (TMS) Monarque product, officials say.

The bank's foreign exchange trading volumes have increased significantly since the bank made a number of key hires last year, according to one of the new arrivals, Bill Marr, manage

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