Month: May 2002

Andreas Amschwand: Driving Change for UBSW

The advance of technology in the dealing space has prompted many banks to re-examine the structure of their dealing businesses. Long gone are the days when a dealing team could be sat in front of screens and telephones and left to make money through proprietary trading. The latter still has a role to play of […]

Parker Indices Mixed in February

The Parker FX Index fell for the second consecutive month in February; however, the Emerging FX Index continued to grow from strength to strength by recording its fifth consecutive monthly gain. The FX Index reported a monthly return of -1.43%, all 44 programs in the index reported results, 25% of them positive. On a risk-adjusted […]

GFI to Offer Streaming Data with CSK’s Slingshot

CSK Software is to implement its Slingshot data streaming engine with GFI, a brokerage, software and data services provider. The agreement, due to go live in May, is intended to help GFI to further develop its client services with real time market data. “As the leading broker in most of the markets we serve, we […]

GNI to Use intelliMatch for Reconciliation

Brokerage firm GNI is to implement intelliMatch EP, from SunGard eProcess Intelligence, for the reconciliation of cash and securities items. The firm will use intelliMatch EP initially to reconcile internal records to external agents, custodians and Crest. The company says the system will also be used for internal system reconciliations that are required to support […]

TFS-Icap Signs Deal with DerivaTech; Introduces Web-Based Volbroker Screens

TFS-Icap, a hybrid voice/electronic broker of currency options, has completed a deal with DerivaTech, a derivatives pricing and risk management provider, which enables TFS-Icap to use the DerivaTech platform as its FX pricing tool for voice brokered transactions. “DerivaTech is widely established on global FX options dealing desks,” says Michael Leibowitz, TFS-Icap’s CEO. “The utilisation […]

Hudson United Bank Uses Spectrum

Hudson United Bank (HUB) of New Jersey is to use Financial Software Systems’ Spectrum Treasury System to manage its front, middle and back office activities for interbank and corporate FX dealing in spot, forward, swap and time option markets. The move is part of the bank’s ambitions to increase its FX product offerings to its […]

Iris Financial Unveils New Architecture For Trading and Risk Systems

Component based financial software provider Iris Financial Systems has launched a new Component Service Architecture (CSA) following the completion of beta testing with three unnamed organisations. The company says that the CSA will enable Iris’ customers to benefit from rapidly developed, scalable trading and risk management systems that can easily be integrated with legacy systems. […]

Iris Financial Unveils New Architecture For Trading and Risk Systems

Component based financial software provider Iris Financial Systems has launched a new Component Service Architecture (CSA) following the completion of beta testing with three unnamed organisations. The company says that the CSA will enable Iris’ customers to benefit from rapidly developed, scalable trading and risk management systems that can easily be integrated with legacy systems. […]

Tradition Signs Deal With Kalahari

Trading and brokerage firm Tradition (North America) is to implement Kalahari’s Kace pricing system. The initial installation will cover interest rate options, USD capital markets and money market desks, with the FX arbitrage and forwards desks to follow. “One of our main criteria when choosing a new pricing application was that the application be sufficiently […]

Bank of Valletta to Implement Trema’s Finance Kit

Bank of Valletta in Malta is to implement straight-through processing (STP) system provider Trema’s Finance Kit across its front, middle and back office operations. The system, due to be in place by August, will provide real time STP processing for treasury, cash and risk management, using a preconfigured database. The company says the use of […]