WestLB Panmure has gone live with OM's end-to-end trade processing solution OneWorld Securities Finance throughout its London offices.
The OM system replaces an existing in-house system to provide front-to-back functionality for direct lenders, global custodians, brokers and intermediaries involved in international securities finance.
The bank is also considering deploying OneWorld's repo module for its pan-European product.
Patrick Furer, global COO of WestLB Panmure, comments: "OneWorld Securities Finance is a modern, easy-to-use system that provides us with the flexibility we need to grow our business...We were particularly pleased with the ease and speed of the implementation process."
Implementation took place over a six week period.