24 February 2018
visit www.ebaday.com

OCBC to manage FX margin trading with FSS' MarginTrac

07 November 2003  |  4465 views  |  0 OCBC to manage FX margin trading with FSS' MarginTrac

Oversea-Chinese Banking Corporation (OCBC) has selected Financial Software Systems' MarginTrac system to manage its foreign exchange margin trading business.

OCBC initially will install MarginTrac in its Singapore office running on a Windows 2000 platform and utilising Microsoft's SQL 2000 database server. The software will provide the bank with P&L calculations, management of client collateral, calculation of margin positions and margin calls, and monitoring of counterparty net open position limits.

The vendor is contracted to integrate MarginTrac with OCBC's core banking system, SilverLake, for client account management purposes and to build an interface to the bank's wholesale position management system so that the risk of client positions can be managed at the wholesale level.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.nextgenbanking.co.ukVisit https://www.capgemini.comVisit http://info.nice.com

Top topics

Most viewed Most shared
Ripple makes new connections to emerging marketsRipple makes new connections to emerging m...
12137 views comments | 16 tweets | 10 linkedin
hands typing furiouslySome Interesting Applications Of The Inter...
10464 views 4 | 9 tweets | 1 linkedin
Basel Committee outlines disruptive fintech scenariosBasel Committee outlines disruptive fintec...
8863 views comments | 15 tweets | 26 linkedin
Investment Association sets up fintech accelerator for asset managersInvestment Association sets up fintech acc...
8318 views comments | 19 tweets | 10 linkedin
R3 creates Legal Centre of Excellence for blockchain technolgyR3 creates Legal Centre of Excellence for...
7936 views comments | 10 tweets | 14 linkedin

Featured job

London, UK (or flexible)

Find your next job