10 December 2016
Visit aciworldwide.com

OCBC licenses FSS Spectrum MarginTrac system

13 April 2012  |  3293 views  |  0 Source: Financial Software Systems

Financial Software Systems, Inc. ("FSS"), the leading provider of integrated financial software, is pleased to announce that Oversea-Chinese Banking Corporation Limited ("OCBC") has licensed the Spectrum MarginTrac System.

Named the "Best Domestic Bank in Singapore", by AsiaMoney (May 2011) and the "World's Strongest Bank", by Bloomberg Markets (May 2011), OCBC will utilize Spectrum as its collateralized trading and risk system for Treasury clients in Foreign Exchange, FX OTC Options (including exotics), and Non Deliverable Forwards. Spectrum will be utilized for pre-trade and post-trade risk management, collateral management, and Treasury Sales Desk client margin and commission management. The Spectrum implementation will include full integration into OCBC's global risk management architecture.

Joseph Kubeyka, Managing Director of Financial Software Systems Asia Pacific region, noted "We are very excited to expand our strategic relationship with OCBC. By selecting Spectrum MarginTrac, OCBC has decided to make Spectrum and FSS key components of OCBC's long-term strategic technology plan. Spectrum MarginTrac will enable OCBC to deploy our solution on a global basis for both Sales and Trading, while enabling OCBC to quickly offer new and innovative products to their client base." 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit aciworldwide.comFind out morehttp://www.financialcrimerisk.fiserv.com/aml?r=finextra

Top topics

Most viewed Most shared
China tops world fintech rankingsChina tops world fintech rankings
8750 views comments | 39 tweets | 32 linkedin
EBA bends under weight of PSD2 mandatesEBA bends under weight of PSD2 mandates
8333 views comments | 37 tweets | 48 linkedin
Guesswork alone can crack Visa card security - Newcastle UniversityGuesswork alone can crack Visa card securi...
8075 views 12 comments | 15 tweets | 27 linkedin
PSD2 will transform the payments landscapePSD2 will transform the payments landscape
7295 views comments | 24 tweets | 13 linkedin
Fed Governor sounds warning on alternative credit scoring dataFed Governor sounds warning on alternative...
6919 views comments | 20 tweets | 24 linkedin

Featured job

to Six-Figure Base, Commission, Benefits
London, UK

Find your next job