Rabobank implements Anvil Software for equity finance
13 August 2002 | 3764 views | 0
In a drive to expand its fixed income and equity finance business, Rabaobank has implemented new order management and securities lending software from incumbent repo trading vendor Anvil.
The Dutch bank has been using Anvil's Arts package for repo activity in London since 1999. The bank says the extension of the package into equity lending will help to reduce the aministrative overhead and open up further opportunities to develop the business.
Rabobank has also become the first customer to take Anvil's new order management module for interfacing front-office position management and trade capture systems to multiple electronic exchanges. The initial installation will allow trading on BrokerTec, with full implementation expected by September.
Jason van Praagh, co-head group treasury London comments: "The links to electronic exchanges provided by the Anvil order management module will really help to streamline our repo trading and maximise our use of electronic repo trading."