Kredietbank In New York Rolls System For Risk Mgmt.
TRADING ROOM NETWORKS
Kredietbank has installed Financial Software Systems' Spectrum Treasury System at its New York office. The new application supports the bank's interest rate derivatives, money market and foreign exchange operations in both front and back offices. Kredietbank, one of the largest banks in Belgium, chose Spectrum primarily to boost its risk management capabilities, say bank officials.
Patrick Garrity, Kredietbank's treasury risk manager, says Spectrum currently supports "between 20 and 30 positions
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