AVT Builds FX Conversion Trading System


LONDON--Software development company AVT, which constructed an FX conversion system for JP Morgan, is upgrading its products to cover additional classes of securities, including fixed income products. While the software is normally hosted on a broker's server, it is used to automate the currency portion of a cross-border trade for buy-side clients.

The company's core product, GenIdeal, was written to interface with JP Morgan's deal capture and risk management systems and has also been install