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

BANKS

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