Thai banks take FX systems

UOB and Siam Commercial upgrade trading software

Singapore-based United Overseas Bank (UOB) has chosen vendor Wall Street Systems' (WSS) full foreign exchange front- to back-office processing for its newly formed branch in Bangkok, UOB (Thai).

The implementation, for both FX and money markets transactions, will enable the bank to consolidate risk management while increasing operational efficiency through high levels of straight-through processing (STP), says WSS.

UOB Singapore, which has been a WSS client for five years, chose UOB (Thai) as its

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