Institutional Liquidity licenses TwoFour

TwoFour has announced that Institutional Liquidity (ILQ) has licensed TwoFour’s FX Back Office. ILQ will use TwoFour to manage all of its FX Back Office processing across the enterprise as well as for trade capture, position management, P&L, shared reference data, settlements, revaluation, allocations, multicurrency accounting, reporting and more.TwoFour’s ability to deliver its solution in a componentized fashion that can be incrementally enabled to allow ILQ to easily expand usage of TwoFour’s functionality as their business grows was an attractive attribute to ILQ.