Chinese bank implements Spectrum software
Financial Software Systems a leading provider of integrated financial software, is pleased to announce that Oversea-Chinese Banking Corporation Limited has licensed the Spectrum MarginTrac System.
Named the "Best Domestic Bank in Singapore", by AsiaMoney (May 2011) and the ”World’s Strongest Bank”, by Bloomberg Markets (May 2011), OCBC will utilize Spectrum as its collateralized trading and risk system for Treasury clients in Foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term, FX OTC Options (including exotics), and Non Deliverable Forwards. Spectrum will be utilized for pre-trade and post-trade Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term, collateral management, and Treasury Sales Desk client margin and commission management. The Spectrum implementation will include full integration into OCBC’s global risk management architecture.
Joseph Kubeyka, Managing Director of Financial Software Systems Asia Pacific region, noted "We are very excited to expand our strategic relationship with OCBC. By selecting Spectrum MarginTrac, OCBC has decided to make Spectrum and FSS key components of OCBC’s long-term strategic technology plan. Spectrum MarginTrac will enable OCBC to deploy our solution on a global basis for both Sales and Trading, while enabling OCBC to quickly offer new and innovative products to their client base.”
Financial Software Systems a leading provider of integrated financial software, is pleased to announce that Oversea-Chinese Banking Corporation Limited has licensed the Spectrum MarginTrac System.
Named the "Best Domestic Bank in Singapore", by AsiaMoney (May 2011) and the ”World’s Strongest Bank”, by Bloomberg Markets (May 2011), OCBC will utilize Spectrum as its collateralized trading and risk system for Treasury clients in Foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term, FX OTC Options (including exotics), and Non Deliverable Forwards. Spectrum will be utilized for pre-trade and post-trade Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term, collateral management, and Treasury Sales Desk client margin and commission management. The Spectrum implementation will include full integration into OCBC’s global risk management architecture.
Joseph Kubeyka, Managing Director of Financial Software Systems Asia Pacific region, noted "We are very excited to expand our strategic relationship with OCBC. By selecting Spectrum MarginTrac, OCBC has decided to make Spectrum and FSS key components of OCBC’s long-term strategic technology plan. Spectrum MarginTrac will enable OCBC to deploy our solution on a global basis for both Sales and Trading, while enabling OCBC to quickly offer new and innovative products to their client base.”