Additions to Emx system

EmxCo is expected to announce a series of further developments to the Emx messaging system in the fourth quarter. Phil Wise, chief executive officer of EmxCo, said the group had been following a multi-pronged development strategy that will lead to advances in the system's valuation, settlement and reconciliation capabilities, as well as making it compatible with software language XML. EmxCo has established a number of working groups to explore which areas of the system need work and how this is to be achieved. The first announcement from the working group is expected in October, look...