NAB Extends FSS's Spectrum To Tokyo Office
TECHNOLOGY SPOTLIGHT
NEW YORK--In apparent policy reversal, National Australia Bank has embarked on a project to extend the use of Financial Software Systems' Spectrum front-office risk management system. Spectrum--installed at NAB's New York offices in 1996 as a stopgap measure prior to the implementation of a planned in-house treasury risk system--has been installed at the bank's Tokyo office.
The system went live in early June. Spectrum is now available to between 15 and 20 traders. NAB has already begun Spectrum
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