19 October 2017

ABN Amro to install OM trading system

09 November 2000  |  3207 views  |  0 ABN Amro to install OM trading system

ABN Amro's equities derivatives group based in London has purchased OM's OneWorld Securities Finance system for its securities lending and equity repo activities.

"We had an extensive list of criteria that was used in selecting a vendor," says Mark Carton, head of equity finance, ABN Amro equities derivatives. "OM Technology has the right balance of system support, existing clients and international presence to ensure we receive the expertise and support we expect."

The system will initially be used for trade capture and position keeping across the bank's equities derivatives desk in London. Carton says the bank is considering installing the package in other sites worldwide.

The off-the-shelf OM package replaces a six-year old inhouse developed application and will be delivered later this month. The final product, including all enhancements and functionality, is targeted for delivery and implementation beginning March 2001.

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 stories

OM Gruppen extends LSE bid deadline

OM Gruppen extends LSE bid deadline

27 October 2000  |  3926 views  |  0 comments
Brief: OM Technology wins LME screen trading bid

Brief: OM Technology wins LME screen trading bid

15 September 2000  |  3422 views  |  0 comments
OM settlement benchmark passes 500,000 daily trade barrier

OM settlement benchmark passes 500,000 daily trade barrier

13 September 2000  |  3483 views  |  0 comments

Related company news

 

Related company information

ABN Amro

Related blogs

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

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15518 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8711 views comments | 16 tweets | 22 linkedin
hands typing furiouslyHow artificial intelligence can deliver a...
8349 views 0 | 8 tweets | 9 linkedin
satelliteGates Foundation backs Ripple collaboratio...
7799 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
6962 views comments | 9 tweets | 17 linkedin

Featured job

Find your next job