The companies said they will aim to combine 360T’s foreign exchange and money market trade execution services with Misys Treasury, an ASP portal providing treasury management services. According to the agreement, 360T will provide access to their execution platform and network of liquidity providers.
Additionally, each will offer the other’s services to existing users and engage in joint-market engagement activities for new business.
The partnership between 360T and Misys reflects an interesting trend within the industry. Trying to re-invent the wheel is never a good source of product innovation and customer benefits, said Christoph Perger, managing director of 360T. We see flexible collaboration between specialist providers supplying best-of-breed components as a far more powerful way of delivering superior products and services.
