Bahts in the Belfry.ProFX is a specialized spe·cial·ize v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es v.intr. 1. To pursue a special activity, occupation, or field of study. 2. financial application for managing complex foreign exchange transactions. The package, marketed by SunGard (SunGard Data Systems Inc., Wayne, PA, www.sungard.com) A computer software and services company specializing in financial services, investment support systems and business continuity. SunGard was formed in 1983 from four subsidiaries of the Philadelphia-based Sun Company. Treasury Systems, lets users generate trade confirmations; track outstanding contracts and exposures; monitor and analyze currency positions; and generate accounting reports and payment instructions. It employs live rate feeds, such as Reuters Reuters British cooperative news agency. Founded in 1851 by Paul Julius Reuter, it was initially concerned with commercial news but began to serve a growing newspaper clientele after the London Morning Advertiser subscribed in 1858. and Bloomberg Bloomberg A major global provider of 24-hour financial news and information including real-time and historic price data, financials data, trading news and analyst coverage, as well as general news and sports. , and helps treasury professionals manage their companies' currency risk by consolidating foreign exchange positions. For further information, contact Mike Radin, director of product development at SunGard Treasury Systems, (818) 223-2300. |
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