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