Vendors Set Up Shop To Serve Complex Swap Systems Market


The phenomenal growth of interest rate and currency swaps has created a mini-boom for companies offering systems to structure, evaluate, and manage these complex transactions.

Although the swaps market is huge, it is still in its infancy when it comes to systems development. Unfortunately for some houses, it's been common for a bank or brokerage firm to set up its swaps desk before investing in software and hardware to manage these operations.

In the early 1980s, when margins contained room

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