R.J.O'Brien selects Spectrum

Financial Software Systems has announced that  R.J.O’Brien (RJO) has selected the Spectrum System.  Chicago-based RJO will utilize Spectrum to enhance its  front-to-back-office  Foreign  Exchange  dealings  in  Spot,  Forward,  Non-Deliverable  Forward,  Swap,  and Option  contracts. Spectrum provides  RJO  with  a  highly  automated  platform  for   conducting  collateralized trading  activities  with  its  FX  clients  around  the  globe. RJO  clients  will now be  able  to  view  all  of  their   FX  trade positions  and  margin  capacity  in  real  time  over   the  internet  via  the  Spectrum  FX  Reporting  Portal.    Financial Software  Systems  will  deliver   Spectrum  to  RJO  using  its  Software-as-a-Service  (“SaaS”)  capabilities  from  its SAS 70 Certified hosting facility in Pennsylvania.