Union Bank goes live with Eurobase's Siena

Jordan's Union Bank For Savings & Investment has deployed the Siena real-time treasury management system from Eurobase Banking Solutions to support FX, money market and derivatives trading at its operations in Amman.

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Union Bank goes live with Eurobase's Siena

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The product has been integrated with the bank's existing back office system, Bankmaster.

The system features positional, exposure, cashflow, risk and credit displays to provide users with access to real-time data. Suhail Amin, assistant general manager, Union Bank, says: "Siena provides us with the real-time functionality required to support our trading operation and improve our trading room revenue."

Eurobase says the XML-enabled application can be connected to existing systems quickly and easily, reducing implementation time and cost. Siena was implemented at Union Bank in under three months.

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