22 August 2017
Visit http://response.ncr.com

Suite LLC signs third primary dealer

02 September 2010  |  2640 views  |  0 Source: Suite LLC

Suite LLC announced today the signing of a third Primary Dealer in US Treasury Securities to license the ALib Financial Analytic Library for strategic use within a fixed-income electronic-trading platform.

The library has been implemented for a range of government securities and derivatives pricing/risk calculations. ALib provides hundreds of reliable analytic functions which are thread-safe and fully supported and maintained by Suite to operate across multiple technical platforms and through a host of program interfaces.
The customer needed a proven tool for fast and accurate computations on fixed-income instruments to deploy in a high-frequency trading environment. ALib met their needs out of the box and behaved precisely as documented. The quality of the analytics and the high-caliber support provided by Suite were factors in their decision to choose ALib.
"We are excited to add another Primary Dealer to our client roster this year - along with two other new top-tier global bank customers and an online trading platform that have recently signed on for ALib" remarked Gene Schupak, Partner at Suite. "ALib allowed their technologists to quickly deliver reliable high-quality analytic functionality to their business clients without the risk and lead-time of building in-house models or coping with opaque vendor applications. We look forward to very positive relationships as these customers use ALib for desk-level pricing, post-execution risk-management and within online trading venues."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.niceactimize.comvisit www.vasco.comvisit www.dorsum.eu

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
12522 views comments | 26 tweets | 23 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
11070 views comments | 22 tweets | 34 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
10291 views 0 | 6 tweets | 1 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
10239 views comments | 10 tweets | 8 linkedin
Australia regulates digital currenciesAustralia regulates digital currencies
10171 views comments | 21 tweets | 34 linkedin

Featured job

Competitive
London, UK (or flexible)

Find your next job