Deutsche Picks Wall Street Systems Over Remos
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NEW YORK--As Deutsche Bank sorts out its acquisition of Bankers Trust, sources say the German bank recently decided to make a trade capture and position-keeping package from Wall Street Systems (WSS) its global standard for foreign exchange and money markets trading at the soon-to-be-combined banks.
At Bankers, the WSS software will replace the legacy Remos system that Bankers has had in place since the 1980s.
With the close of the acquisition nearing, IT management at Deutsche has been making
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