Royal Bank Of Canada Taps Intelcom To Develop FX Position-Keeping System

TECHNOLOGY

Royal Bank of Canada has selected Intelcom Data Systems Inc. to develop a deal-capture and position-keeping system for its Toronto foreign exchange trading operation. The system will complement the Teknekron Software Systems Inc. digital data distribution system currently being installed at the bank.

Intelcom, developer and marketer of the PC-based Strategic Treasury Online Risk Management (STORM) system, lists RBC as a client, but declines to discuss the Toronto implementation.

But Peter

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