South Africa-based BoE Merchant Bank has gone live with Front Capital Systems' Front Arena platform to streamline its trading operations.
The bank will initially use Front Arena for its equity trading business covering proprietary trading and analysis and desk risk management. The platform may also be extended across other trading desks in the future.
Mark Weston, chief operating officer at BoE, comments: "A compelling reason for our selection of Front Arena was Front's ability to deliver a structured equity solution tailored to the South African market."