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Construction needs cloud flexibility
Australia’s embattled construction sector could benefit from cloud based information systems that can be switched on and off in lockstep with individual projects – with the exception of those organisations based in remote areas like the Kimberleys.
read moreMedibank selects Bloomberg's FX trading platform
Peter Dinham
Tuesday, 29 November 2011 14:41
'Bloomberg's FXGO is the most efficient way of managing our FX risk. Like a lot of other companies, we were using the phone to trade and waiting for the confirmation call. In the meantime, the markets could move significantly. FXGO ensures that trades happen immediately, the confirmation goes to our back office and sends it to our custodian, all in one step,' said Graeme Sala, Medibank's treasurer.
According to Bloomberg's head of foreign exchange business, Tod Van Name, "corporate executives all over the world are discovering that the Bloomberg Professional services' FXGO makes managing foreign exchange risk intuitive, seamless and cost-effective. They can get prices from their preferred banks, execute trades and integrate with their order management, risk management and back office systems all on one platform."
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