Leonia Outsources To Bank One's GTO: STP For All Foreign Exchange Trades
MIDDLEWARE & STP
LONDON--Leonia Bank is outsourcing of all of its foreign exchange transactions processing to Bank One Corp.'s Global Trading Operations (GTO); Leonia is Finland's second largest commercial bank.
FX trade data will be sent from Leonia's traders' desks at the trade capture stage--via a direct, real-time, secure link--to GTO's Trade Management System (TMS). Leonia uses the Summit Systems front office position keeping and trade capture platform.
The TMS provides links to whatever settlement system the
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