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Foreign Exchange

FX news: Credit Suisse upgrades platform

Another week, another platform upgrade.

This week Credit Suisse launched the upgraded version of its FX prime brokerage platform.

Key features of the enhanced platform include: automated trade capture and clearing functionality; new client reporting; a global service model solely dedicated to FX prime brokerage; a new exposure management and margining system; sponsorship to third-party electronic platforms; and streamlined legal documentation.

Paul Houston, head of FX prime brokerage, says: “We are focused upon providing clients with a market-leading FX prime brokerage service that is underpinned by strong technology and high quality client service, leveraging the strength of Credit Suisse as a leading prime broker.”

Martin Wiedmann, managing director and global head of FX sales, adds: “These new capabilities add to our range of FX products and allow us to target a broader range of market participants with this highly competitive product.”

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