17 October 2017
visit www.response.ncr.com

Standard Bank Asia rolls out Spectrum treasury system

14 August 2002  |  1825 views  |  0 Standard Bank Asia rolls out Spectrum treasury system

Standard Bank Asia has implemented Financial Software Systems' Spectrum treasury trading package in its Hong Kong dealing centre to manage money market instruments, interest rate derivatives, and bonds.

The Hong Kong office of Standard Bank has been using Spectrum to handle its foreign exchange trading activity since November 2001. The software is now processing all of the unit's foreign exchange and interest rate transactions, from deal-capture in the front-office straight through to general ledger accounting in the back-office.

Standard Bank initially licensed Spectrum for its London trading room in 1998, and is currently using the package in London, New York, and Hong Kong. The Hong Kong installation supports 20 users across the bank's interbank dealing, sales, and private banking desks.

In Hong Kong, the package has been implemented on a Unix-Sybase platform running over an internal network. Philadelphia-based Financial Software Systems also offers Spectrum on a Windows 2000-MS SQL 2000 platform.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.vasco.comvisit www.temenos.comvisit www.capgemini.com

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
14737 views comments | 12 tweets | 3 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8114 views comments | 15 tweets | 21 linkedin
hands typing furiouslyHow artificial intelligence can deliver a...
7371 views 0 | 7 tweets | 9 linkedin
satelliteGates Foundation backs Ripple collaboratio...
6682 views comments | 13 tweets | 7 linkedin
Ex-PayPal boss Thompson backs Canadian fintech Payment RailsEx-PayPal boss Thompson backs Canadian fin...
6053 views comments | 10 tweets | 12 linkedin

Featured job

Competitive base + commission + benefits
Denmark, Finland, Iceland, Norway or Sweden

Find your next job