Italian banking group Banca Intesa is deploying London-based Tamesis' trading and risk management software, Risk Informer, to support its credit derivatives trading operations in Milan and New York.
Risk Informer will manage both flow and structured products and will enable users to view portfolio positions along with their associated hedges.
The product also enables Banca Intesa to integrate new functions and products to support trading strategies. Tamesis says the software will allow the bank to increase current flow trading volumes and to fast-track new and more highly structured products into its portfolios.
The system will be installed at the two locations within three months.