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London, UK 8 October 2008 Rand Merchant Collection RMB has selected Eurobase s Siena Doorway item for consumption to distribute high routine FX Streaming prices to, initially, the 360T platform.

Siena Doorway motivation provide Rand Merchant Collection the asset banking appendage of FirstRand, one of South Africa s largest JSE-listed financial army groups with a strategic implement for the near-zero latency streaming of prices to various channels, e-FX multi-bank portals and proprietary platforms. The item for consumption has been specifically designed to lever extremely high trade throughput to manage the ever-increasing e-trading volumes and numeral of finishing venues.

Gert Visser, Ruler Operating Executive Fixed Income, Notes and Property at Rand Merchant Collection commented: For RMB this was an obvious pick as we are already implementing several other Siena modules. Siena Doorway meets the high routine rations we need for both supplying and taking liquidity good thing comes with correlation adaptors for most portals and banks we would need to send receive charge from.

The Siena Doorway incorporates highly flexible rules-based meting out and provides support for ESP, RFQ, RFSQ and Seller Intervention. Full lifecycle worth and trade receipt routine has been measured at near-zero latency including pre trade e-credit checking.

David Mallinder, Selling Increase Executive at Eurobase Banking Solutions, added: The Siena Doorway enables our patrons to retain and grow purchaser big business across any numeral of finishing venues allowing the centralised supervision of liquidity and risk. We look forward to announcing further wins in this souk in the very near future.


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