Citibank's Global Treasury Services Group Launches Corporate FX Confirmation System

TECHNOLOGY

Citibank's Global Treasury Services group, now a separate subsidiary of Citicorp, has launched its FX Match automated confirmation matching service for corporate customers of bank foreign exchange departments. The system, which will be marketed both to corporate treasuries and other banks, went live last week in London with two participants: Citibank and Unilever, according to A. Gilmore Bray, managing director for marketing and sales.

Bray says that National Westminster Bank is interested in

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