"Code-X" Transforms Codes For TIB, Triarch And BTRS

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LONDON--Logicscope, the London-based software development company, has developed a real-time data server called Code-X in conjunction with Thomson's Valorinform, which will streamline straight through processing (STP) primarily for fixed-income traders.

Code-X uses Valorinform's Cross Coding Matrix (CCM) to allow users access to data via industry standard codes, such as Cusip or Cedel, regardless of where the data is being sourced. The CCM database holds more than 200,000 securities, with nearly

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