CLS Clients Seek Customization
STP
As
ABN Amro’s third-party CLS clients become comfortable with the service, they are indicating how they want their CLS services to look--like their own.Anyone familiar with the development and deployment of the industry-backed Continuous Linked Settlement (CLS) system for foreign exchange settlement knows that patience is a virtue. The industry conceived CLS in 1995, began its development in 1999 and finally rolled it out for a quiet launch in September 2002.
All that time, Joerg Pinkernell, ABN
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