DekaBank Takes BST's FinOffice

DATA DISPLAY & ANALYTICS

Frankfurt's DekaBank went live last week with the ASP version of BST's FinOffice 5 market data management system, officials tell Inside Market Data.

According to Ronald Vetter, senior business analyst at DekaBank, the bank spends about E18 million a year on market data, and FinOffice will help it manage market data services and users and identify duplication.

"We wanted a system which helps us to manage the huge amount of market data providers and systems that we manage at the bank. We saw a

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