FNX's Sierra Gets A Link To Riskwatch; Sources Say Tokyo Site Is In Pilot Tests

TRADE CAPTURE SYSTEMS

LONDON--Algorithmics and FNX Ltd. have announced a joint product development partnership that now includes an application programming interface (API) intended to decrease installation costs at client sites as well as the need for middleware, say Algorithmics officials.

In addition, industry sources say a pilot test of this recently announced interface between the duo's product lines is underway in Tokyo.

Both vendors decline comment upon any potential customers for the combined trade capture/risk

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