Raphaels Bank to go live on ESN in November

- Saima Farooqi
- 18 Oct 2010

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Implementation started at the beginning of September, with testing due to start in coming weeks. Raphaels will use the full breadth of Wallstreet ESN's foreign exchange and money-market functionality to grow its commercial and corporate FX services business. The bank will benefit from increased control over trading operations, through the provision of FX sales and trading tools, electronic trading, position management, back office, Swift interface and accounting, the vendor said.

The bank's

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