DG Bank Picks Cognotec To Expand Corporate FX Trading
PRODUCTS & VENDORS
FRANKFURT--DG Bank chose Cognotec's Autodeal Lite foreign exchange transaction system to link up to its corporate clients via the Internet. Installation of Autodeal Lite has already started and the bank plans to test the system over February with a full rollout in the spring.
Arnd Stricker, head of treasury at DG Bank in Frankfurt, says the service should suit three broad categories of its customers--its regional co-operative bank clients, corporates and some of the smaller medium sized regional
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