Danish Firms Launch FX Systems But Is There Room For Two More?

TECHNOLOGY

Despite what many consider an overabundance of foreign exchange deal-capture and position-keeping services, two new systems have been launched this month by Danish software companies.

In a market already crowded with suppliers, Danware Financial Systems A/S (DFS) has introduced its FXManager system, and rival software house Computer Resources International A/S (CRI) has launched its FX-System product.

Although both companies have close relationships with IBM in Denmark, (IBM has a 50 percent

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