CLC Bourse selects Ubitrade for futures and options back office
10 July 2002 | 3158 views | 0
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."