GFI rolls out pricing tool for structured products

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Version 10.1 of Fenics FX enables bank salespeople to price complex strategies and strips in a secure version-controlled environment and with post-trade STP.

The tool stores multi-leg strategies created by bank structurers in a database that can be immediately accessible by bank salespeople. The sales staff can then develop structured products based on the strategies to meet clients' requirements.

"These are high-margin products so banks can spend a lot more time marketing them to customers

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