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Finland's Evli Bank selects NeoNet XG for cross border e-trading

17 December 2007  |  1566 views  |  0 Source: NeoNet

Evli Bank Plc has become the first Finnish bank to adopt NeoNet's XG solution for cross-border electronic trading.

The investment bank Evli Bank Plc will use NeoNet XG for trading through their own membership on Nordic exchanges. NeoNet's XG Trader front-end application will be used for order-entry.

NeoNet XG is a hosted system and software service for electronic securities trading. Clients' trade on exchanges using their own memberships and leverage NeoNet's high-speed technology, exchange connectivity and infrastructure. It is a fully comprehensive solution for software, hardware, infrastructure and surveillance.

"We are happy to have NeoNet as our preferred technology partner to deliver a high-performance trading solution. The NeoNet XG platform gives us an efficient solution for fast access to multiple exchanges," said Pelle Holmertz, Head of Evli´s Markets unit.

"We are proud to deliver our technology platform to Evli Bank Plc, and look forward to continuing to build on our long-term relationship," said Simon Nathanson, CEO of NeoNet. "The fact that NeoNet has been selected to deliver software services to Evli is an acknowledgement of our technology and in line with the strong interest we see from banks and brokers globally for NeoNet's XG services."

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