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About Viveo Group

A strategic partner to banks and financial establishments, Viveo offers a comprehensive, modulable softwarepackage offering and services to handle all their functional, technological and/or regulatory issues. It is currently positioned as the only major European player, combining the activities of consulting and publishing in order to cover all facets of an end-to-end banking solution. With over 25 years’ experience in the banking world, Viveo currently has over 750 clients in more than 35 countries, some 410 employees and turnover of around EUR46 million.
www.viveo.com

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Financial Term Of The Day

Rate of Exchange
Rate at which one currency may be converted into another. Generally, one unit of the home currency is expressed in terms of another currency. For example, an American bank may quote the exchange rate between the dollar and the Yen as the number of dollars needed to buy one yen. also called exchange rate or foreign exchange rate or currency exchange rate.