Bank of Ireland is installing an automated pricing engine from Mountain View, Calif.-based Integral to automate its internal foreign exchange pricing and margining.
The bank’s aim is to "automate where possible to generate automated price feeds," says Lorcan Connolly, IT director of the bank’s treasury and international banking division. He says the bank currently uses the telephone and paper documents to generate price information.
The system, Autodealer, will provide a central pricing mecha
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails