Infinity Launches Web-Based Forex System

NEWS

NEW YORK--Infinity, the subsidiary of Sungard, is readying the launch of a new internet-based foreign exchange system last week called TreasuryTrader. TreasuryTrader offers a secure online trading and execution service for foreign exchange and money market instruments, linking banks directly with their corporate clients.

The service will be commercially available from the end of the second quarter this year. Infinity is demonstrating the system to its existing customers and it expects them to

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