ECHO Selects All-Star Vendor Team SWIFT, Logica, Hoskyns, Peat Marwick
TECHNOLOGY
ECHO Netting member banks have agreed in principle on the system suppliers for their London-based multilateral foreign exchange clearing house project.
Those selected, including Society for Worldwide Interbank Financial Telecommunication (SWIFT) Service Partners, Logica PLC, Hoskyns Group PLC and KPMG Peat Marwick Management Consultants, aren't new to the ECHO procurement saga, but the price tag attached to their services is said to be substantially lower this time around. According to published
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