GFI Group (NASDAQ: 'GFIG') announced today that Bank Julius Baer has deployed Fenics Enterprise, the market-leading FX system.
An advanced suite of products launched in 2008, FENICS Enterprise makes pricing of FX options and analyzing portfolios more efficient for the bank's FX options teams across Singapore and Zurich. The robustness, flexibility and time to deployment offered by FENICS Enterprise made the system the bank's preferred choice.
"We are very pleased to strengthen our relationship with Julius Baer in Singapore and Zurich as they consolidate their systems globally." said Elliott Hann, GFI FENICSSM Head of Sales for Asia Pacific.
Richard Brunt, Global Head of GFI FENICS SM added "We are delighted that Julius Baer has chosen FENICS Enterprise as their system globally. Banks are continually looking to streamline their operations, empowering their sales people with cutting edge tools that allow them to price and analyze portfolios and run risk reports on the fly, with instant trade capture flowing back to their trading desk and back office systems".