Lloyds, CCF Develop Software For New Primary Dealer Unit

THIS WEEK'S LEAD STORIES

When Lloyds Bank decided to become a primary dealer in U.S. government securities, it looked at several software packages to support the operation.

Most of these products ran on IBM mainframes and did not fit in with Lloyds' DEC environment, says Mark Townsend, vice president and manager of the treasury division at the bank's North American head office in New York.

Lloyds was already using CCF Inc.'s TUFFS system to process transactions in off-balance sheet instruments such as futures, options

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: