21 June 2010

BBVA Banks on Progress Software for FX Aggregation

BBVA Banks on Progress Software for FX Aggregation « A-Team Group
Progress Software Corporation, a leading software provider that enables enterprises to be operationally responsive, today announced that financial services group, Banco Bilbao Vizcaya Argentaria (BBVA), is live on the Progress Apama FX Aggregation accelerator for its foreign exchange operations. BBVA FX traders are now using the Progress Apama platform along with its customised dashboards to view and trade across aggregated liquidity from a number of Banks and FX ECNs. Alongside increased trader effectiveness, the FX aggregator is also enabling BBVA to use the Progress Apama platform to power advanced FX algorithms and optimized real-time FX prices for their internal and external customers.

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