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Bank of Tokyo-Mitsubishi Opts for Cognotec Rate Device

Bank of Tokyo-Mitsubishi (BTM) has gone live with Cognotec’s Market Rate Manager (MRM). The contribution system complements the Cognotec AutoDeal platform the Japanese bank deployed four years ago to provide automated trading capability to clients on the FX@BTM service and to provide automated pricing capability to the FXall multi-bank portal. BTM is using MRM to provide a single source of bank-specific market rates to various internal bank systems, in addition to the FX@BTM service and to FXall.

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