CLC Bourse selects Ubitrade for futures and options back office

CLC Bourse selects Ubitrade for futures and options back office

CLC Bourse, the French brokerage arm of the Crédit Lyonnais Group, has purchased Ubitrade's futures and options back office solution.

The agreement covers a large Ubitrade futures and options back office configuration, including 27 market modules, 30 client workstations and 50 Net@ccess users. The Netaccess module offers Internet access for end-users, enabling clients to view their positions, statements and trades in real-time, and to download this informationto their own position keeping, risk management and accounting systems.

Michel Cadoche, IT manager at CLC Bourse, says: "A key element in our decision was the open structure of Ubitrade futures and options' database that will enable an easy integration with our front-offfice systems."

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