Société Générale Buys JRisk for FX
INFRASTRUCTURE
PARIS--Californian derivatives technology firm Application Networks has sold its JRisk options trading and risk management tool to Société Générale Group’s corporate and investment banking arm (SG CIB) in Paris.
The French investment bank is the first to take JRisk for foreign exchange (FX) options--the cross-asset tool also supports interest rate, credit and equity derivatives.
Speed of implementation--SG CIB signed the deal in September and will go live early next year--was a key factor in SG’s
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