Bank Leumi Takes WSS FX Options Module Live

The Israeli bank adopted the functionality as an addition to its WSS suite of products, which have been in use since 2004 and now cover FX, money market, futures and securities processing. The module replaces the bank's legacy proprietary systems, covering trade processing, position management, profit-and-loss, market and credit risk management, order confirmations, workflow payment processing and accounting.

"Our platform replaces many of their middle-office, and all of the back-office, systems

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Nasdaq reshuffles tech divisions post-Adenza

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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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