New York's Hap Capital has licensed Fenics Professional Pricing and Analytics Tools from GFI Group (NYSE: GFIG) for use on Hap Capital's FX Options Desk in New York City.
Andrew Dexter, Head of FX Options at Hap Capital said, "After evaluating numerous systems for FX Options that cover pricing, risk management, and transaction processing, we decided that GFI FENICS was clearly the best choice. Their platform, FENICS Professional, provides us with the accuracy, ease of use and scalability we require to support and grow our business", and added, " FENICS' customer support team provides fantastic training and ongoing support to help us get the most out of the platform and be more efficient.".
"We are delighted to welcome HAP Capital as a client and to be able to provide them with the tools they need to continue developing their FX options business. Our business has grown significantly during the last few years as we have added new clients from every market segment" said Richard Brunt, Global Head of FENICS & Market Data Services at GFI.