Reuters, the global news, information and technology group, has announced that it plans to launch a hosted version of Treasury Solutions Automated Dealing service. The hosted version will act as an application service provider ASP, enabling banks to outsource the high cost element of treasury operations.
Banks will be able to use the service to develop their own-branded automated dealing platform, capable of supporting multiple users across a range of dealing venues within their own networks.
Reuters claims that the service can be configured for large or small deployments and while the service will offer a standard implementation for banks to minimise initial investment, there is also the flexibility to expand and extend...
