Switzerland's EFG Private Bank has contracted with Traderforce for the supply of the vendor's thin client market data systems, which will replace terminals from Reuters and Telekurs.
The bank has distributed nearly 50 Traderforce Premium and Monitor ASP systems to advisory and external portfolio managers.
Patrick Zbinden, EFG Private Bank, says: "The migration to Traderforce enabled us to realize savings of over 50% on the replaced systems by reducing our market data infrastructure."
TraderForce says it has customised the functionality and the content of its terminals for the Swiss market.
The vendor also plans to open a local sales office in Geneva by the end of the year.