UK software firm RCP Consultants has upgraded its FX product Deal Web to analyse conversations and present out trades ranked by probability.
Used in conjunction with the Reuters Conversational Dealing system, RCP says the new feature will significantly improve back office work flow and reduce the time it takes to identify and deal with out trades.
The browser-based system also provides staff with remote access to a central database of FX and MM transactions - made via EBS Matching, RDL and Reuters Dealing 3000 and Reuters Dealing systems.
In addition, Deal Web digitally captures all printer feeds and provides access to ticket and conversation data.
Chris Roche, Deal Web product manager, says: "Browser access to the deal search engine and the ability to remove conversation printers directly meets identified customer needs."
He adds that further developments are in progress, including options analysis, and will be released later this year.