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Russian savings bank signs with Egar Technology for trading and risk management

30 January 2003  |  2244 views  |  0 Russian savings bank signs with Egar Technology for trading and risk management

The Savings Bank of the Russian Federation (Sberbank) is to implement Egar Technology's trading and risk management system Focus.

Egar says it is an integrated front-to-back system which supports over-the-counter and exchange-traded derivatives and also provides position keeping, pricing, reporting and risk management.

New York-based Egar Technology beat off competition from eight other vendors to win the deal.

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