Banque Cantonale Vaudoise (BCV) has chosen Front Capital Systems to provide a software infrastructure which will support its equity and fixed income trading business.
Front Arena will initially be installed across the bank's Swiss headquarters but may be extended in the future to support the company’s cross-continental trading operations.
The solution will be used for proprietary trading and market making in BCV’s equity and fixed income departments for pricing and trading structured products, bonds, equities and derivatives. The bank is also considering using Front Arena for equity sales trading throughout its global retail business.
Olivier Cavaleri, senior vice president at BCV, says the Front Arena solution was chosen for its functionality and ability to contribute automatically to electronic exchanges.
Client support for BCV is to be managed from Front’s office in Zurich, headed by Raimon Matele.