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Money Management Group selects Aspen Hedge from FNX Solutions for cross asset trading, reporting and analytics Philadelphia, November 15, 2005 - FNX Solutions (FNX), a leading provider of next generation technology SOLUTIONS for treasury and capital markets, announced today that Money Management Group has selected Aspen Hedge for its FX and Fixed Income operation. Money Management Group, Inc. is an investment advisor located in California that focuses on US Treasuries, G10 Foreign Exchange and Energy and Equity Index Futures. Money Management Group required a complete front office trading solution able to seamlessly integrate with Foreign Exchange and Fixed Income ECNs, single bank platforms and prime brokers. Aspen Hedge met the requirements of both managers and traders by facilitating real-time connectivity to all their electronic partners along with providing the proven technology to trade multiple instruments, see consolidated positions, P&L reporting, and access industry-leading analytics. Ken Jones, Money Management Group’s Director of Risk Management and Trading Compliance said: ““We chose Aspen Hedge from FNX because it is a robust and proven solution. We needed secured access control, high availability and industry leading trading tools. Aspen Hedge was the right choice because it met all of the requirements and provided the connectivity and functionality needed to support our trading operation.” “We are pleased to have Money Management Group as a new client.” Said Paul Gibson, FNX’s VP of global business development. “ Our Aspen Hedge solution is well suited to contribute to their successful trading operation as it provides them with the functionality, connectivity, availability and reliability they were looking for. At FNX, we remain focused on developing the most comprehensive functionality to satisfy our customers’ evolving business needs.” About FNX FNX Limited provides global financial institutions with complete technology SOLUTIONS for the management and processing of capital market transactions. Established in 1992, the goal has never changed, to give clients a competitive edge utilizing industry-leading technology to maximize productivity and to reduce operational risk. With a commitment to the highest level of customer satisfaction, FNX builds flexibility and adaptability into its growing mix of software and customized service offerings to meet the ever-changing needs of the financial marketplace. Through its suite of software SOLUTIONS, FNX supports order management, trading, risk management, margin and collateral trading, settlement and accounting for FX Cash, FX Options, Money Markets, Fixed Income, Interest Rate Derivatives, Commodities, and Exchange Traded products. Furthermore, SierraLink, FNX’s standard solution for interfacing with third party systems, provides seamless integration and electronic transfer of information with real-time connectivity, flexibility and high performance Headquartered in Philadelphia, Pennsylvania, FNX has offices in New York, London, Tokyo, Singapore, Taipei, Belgrade and Bangkok. |
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