17 January 2018
visit www.avoka.com

Toronto Dominion implements global credit system

23 November 2000  |  3086 views  |  0 Toronto Dominion implements global credit system

Toronto Dominion is to extend Front Capital Systems' Arena software to its New York operation following the success of the implementation at its London, Toronto and Dublin offices. The move will provide the Canadian bank with one consolidated software platform on which to base its global credit trading strategy.

The system was first implement in London in 1999 enabling the bank to trade, analyse and manage the risk of various complex credit derivative structures on behalf of clients.

Richard Jardim, vice president at TD Securities, Toronto comments: "The success of our UK credit trading desk based on the Front Arena platform has given us the confidence and rationale to install the software across our US and Canadian operations."

Gavin Style, UK regional manager at Front Capital Systems says: "Front Arena's whole architecture has been designed to enable banks to take a broad based approach to their credit trading activities. TD has benefited from being able to manage their entire credit trading business on one 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.niceactimize.comvisit www.niceactimize.com

Top topics

Most viewed Most shared
Buffett rubbishes cryptocurrencies; South Korea preps exchange crackdownBuffett rubbishes cryptocurrencies; South...
11556 views comments | 15 tweets | 17 linkedin
BNP Paribas Asset Management completes fund transaction blockchain testBNP Paribas Asset Management completes fun...
10165 views comments | 14 tweets | 33 linkedin
Europe begins Open Banking era in subdued styleEurope begins Open Banking era in subdued...
9614 views comments | 32 tweets | 34 linkedin
Crypto mining threatened by power capacity concernsCrypto mining threatened by power capacity...
9474 views comments | 17 tweets | 18 linkedin
Exchanges call for global fintech standardsExchanges call for global fintech standard...
9201 views comments | 17 tweets | 13 linkedin

Featured job

Competitive base + commission + benefits
UK or Germany

Find your next job