Dublin-based International Financial Systems (IFS) has begun the global implementation of its collateralised trading system, MarginMan, at the Industrial Bank of Japan (IBJ).
The system has already been installed in IBJ's trading room in London with additional plans to roll out MarginMan to its Singapore, New York and Tokyo offices as the bank expands its collateralised trading operations globally.
"IBJ intends to become a prominent player in the collateralised trading sector," says Tim Wilding, project manager, IBJ in London.
MarginMan is a risk management and position-keeping system for global collateralised foreign exchange, bullion and currency option trading.