ING extends Speedwell implementation to credit desk

Source: Speedwell Associates Limited

Speedwell Associates Limited, a leading independent provider of pricing and quoting solutions for the electronic trading of bonds, swaps and other asset classes, is very pleased to announce that ING Groep N.V has extended the coverage of Speedwell NG to its Credit Bond Trading Desks for pricing and quoting to multiple destinations.

All fixed income trading desks covering Credits, Corporates, Banks/Financials, Supras/Sovs, Emerging Markets and Governments are now using a single pricing and quoting system.

Werry Crone, Project Manager, ING, said, "Speedwell NG provides much improved integration between our trading desks with regards to pricing and sharing of information internally and quoting externally to multiple destinations."

Stephen Doherty, CEO, Speedwell, said, "As a client, ING are very important to us given the diversity of assets traded across multiple centres. As an asset class, Credits have always represented a particular area of expertise for us and now Speedwell NG provides ING with a very effective system for trading very large numbers of these instruments."

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