23 March 2017
visit nextgenbanking.co.uk

OCBC licenses FSS Spectrum MarginTrac system

13 April 2012  |  3341 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 abe-eba.euVisit capgemini.comParticipate in the survey

Who is commenting?

Top topics

Most viewed Most shared
Bank of England sets up fintech Community; runs blockchain and AI trialsBank of England sets up fintech Community;...
16389 views comments | 33 tweets | 26 linkedin
hands typing furiouslyMachine Learning: Lessons for Banks From S...
10162 views 0 | 12 tweets | 9 linkedin
Can banks really win in the payments business of the future? – new Finextra reportCan banks really win in the payments busin...
7606 views comments | 23 tweets | 36 linkedin
satellite26 Japanese banks register for Exchange-ru...
7518 views comments | 2 tweets | 1 linkedin
SecureKey taps IBM to put identity on the blockchainSecureKey taps IBM to put identity on the...
6281 views comments | 22 tweets | 15 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job