Eurobase Banking Solutions has won a contract to supply Standard
Chartered Bank with its Siena XML Gateway. The Gateway will be used
at first to provide connectivity between the Banks in-house rates
engine and the dealing interfaces, or portals, where end-users and
intermediaries can deal with the Bank in a wide variety of
currencies and products and will provide a generic connectivity
infrastructure for the Banks trading and web marketplaces.
The Bank plans further automation of its foreign exchange
liquidity management using the Gateway so that it offers pricing to
corporate customers, financial institutions and other banks on the
widest possible number of currencies and so that these customers
are offered competitive rates even for non-standard currency pairs.