Operations and Technology

DEPARTMENTS

by Kirk Kjeldsen

Dresdner Weaves IT Together

Dresdner Bank's Transaction Banking unit goes live with its first project.

Last year Dresdner Bank created the Transaction Banking division. The goal: to transform Dresdner's back-office and associated IT groups into profit centers by providing insourcing and other services to external companies.

In June, one of its first projects goes live: a new global foreign exchange processing system from San Francisco-based Calypso Technology. The new system will

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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