Prudential Taps Summit For Global Funding Group


Prudential Insurance has gone live with a suite of derivatives trading and risk management applications supplied by Summit Systems, a New York-based operating unit of Midas-Kapiti International. Summit’s applications are being used by derivatives traders at Prudential Global Funding, a subsidiary of Newark, NJ.-based Prudential Insurance. The operation provides structured financial products and services to Prudential Insurance, its affiliates and certain Prudential customers.


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