Daiwa Securities Picks Wirefast for Confirmations
LONDON—Broker-dealer Daiwa Securities SMBC Europe is in the midst of a phased migration of its legacy trade confirmation platform to a new platform from integrated messaging platform provider Wirefast for its offices in Europe and Asia, including Singapore and Japan, vendor officials tell DWT.
The new confirmation system allows the investment bank to send electronic messages to Wirefast, which then converts them into fax, SMS text, XML or telex messages that are subsequently delivered to trading
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