NAB's 'National FX Dealing' System Based Upon Autodeal From Cognotec
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MELBOURNE--The National FX Dealing system from National Australia Bank (NAB), slated to be operational by next February, is built upon Dublin-based Cognotec's Autodeal automated corporate FX trading system.
The bank is using electronic systems to re-engineer its business and reduce its cost base, says Steve Kelly, NAB's head of business markets and electronic delivery in the Australia markets division.
SHIFT TO CUSTOMERS
The National FX Dealing product is expected to reduce the manual tasks and
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