21 February 2018
Visit www.avoka.com

Mizuho Tokyo upgrades FNX's Sierra platform

14 April 2003  |  2567 views  |  0 Mizuho Tokyo upgrades FNX's Sierra platform

Japanese bank Mizuho Tokyo has licensed version 4.4 of FNX's Sierra system to manage its FX options business.

The bank switched to the upgraded system last month.

Julian Cook, FX options product manager, FNX, says virtually all Mizuhos which arrive from branches throughout Japan are fed into Sierra via an automatic interface.

"Mizuho's middle office risk systems are also fed by automated exports of option values and greeks from Sierra," he adds.

Philadelphia-based FNX says it is currently adding sequential barrier models to the system for the bank's retail products and is enhancing export capabilities to provide new greeks in the analytic matrices generated for middle office risk systems.

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

Luminary Capital Management selects FNX Sierra Treasury system

Luminary Capital Management selects FNX Sierra Treasury system

04 March 2003  |  2836 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit http://info.nice.comvisit www.ebaday.comvisit www.swift.com/your-needs/instant-payments

Top topics

Most viewed Most shared
ABN Amro moves escrow accounts to the blockchainABN Amro moves escrow accounts to the bloc...
10124 views comments | 15 tweets | 13 linkedin
ECB launches staunch defence of cashECB launches staunch defence of cash
9718 views 10 comments | 22 tweets | 26 linkedin
Coinbase and Visa at loggerheads over erroneous charges on customer crypto accountsCoinbase and Visa at loggerheads over erro...
8481 views comments | 13 tweets | 12 linkedin
BBVA-backed digital banking startup targets gig economy workersBBVA-backed digital banking startup target...
7154 views comments | 8 tweets | 12 linkedin
hands typing furiouslyMaking Customer Experience Your Business
6869 views 0 | 7 tweets | 5 linkedin

Featured job

Competitive base + commission (double OTE)
London, UK

Find your next job