ANZ Investment Bank has gone live with California-based NextSet Software's Private Trading eXchange (PTX) system across its operations.
NextSet's PTX is an online trading system that supports multiple asset classes (including cash, money markets and fixed income) on the same platform.
The bank will use the system to provide its institutional and corporate clients with Web-based trading.
David Hornery, managing director global capital markets, ANZ Investment Bank, says: "Partnering with NextSet has enabled us to offer our clients an integrated electronic access to their transactions and dealings. It is leading edge technology and we see it as the next generation of business processing."