Asia-Pacific systems integrator to market TraderTools eFX trading platform to financial institutions throughout the region.

New York, NY, September 24th 2007 – TraderTools LLC (TraderTools), one of the world’s leading suppliers of electronic Foreign Exchange (eFX) white-label software solutions, announced today that it has formed a strategic alliance with Fusion Systems Limited (Fusion), a systems integrator and technology consultant for banks, brokerages and other financial institutions in the major money centers throughout Asia. With a current marketing focus on FX order management, TraderTools selected Fusion for two main reasons: (1) Fusion management have a proven track record developing and deploying trading systems for exchange-listed instruments, and (2) Fusion serves and supports a strong and diverse client base in the region. 

‘Lift and drop’ has given outsourcing a bad name. Huw Rogers explains why co-sourcing is the way of the future.

Disturbing reports about the hidden costs of outsourcing have been circulating for over a year now. In front office IT and in customer service, the tide is clearly turning. Today, innovative companies are learning from experience and employing a new approach, bringing some functions back in-house and rediscovering the virtues of traditional diligence in vendor selection and management in light of their damaging experiences.