Payment news, October 19

ANZ signs up to the Progress Apama foreign exchange solution as it forecasts a significant increase in trade volume.

ANZ live on solution for foreign exchange operations

Australia and New Zealand Banking Group ANZ has chosen a solution provided by independent enterprise software company, Progress Software Corporation, for its foreign exchange operations. ANZ is now live on Progress Apama FX aggregation accelerator. The platform has been implemented in ANZ’s Melbourne and Sydney trading centres.

“ANZ bank is committed to an aggressive foreign exchange growth strategy, and put simply, the Progress Apama platform gave us the best tools available to support our goals for global growth,” said Luke Marriott, global head of FX operations at ANZ, in a statement. “The improved visibility of liquidity and the ability to support a significant...

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