Bawag Bank licenses GFI's Fenics FX
The software replaces that of a different undisclosed vendor and went live at the bank in April.
Jiri Mach, head of treasury sales at Bawag in Prague, said the software was deployed to meet clients' increasing demand for FX option hedging. "We at Bawag need to price not just vanilla FX options but also exotic, multi-leg, multi-currency strategies," he said.
"GFI is delighted to have signed its first Fenics client in the Czech Republic," said Richard Brunt, GFI's global head of Fenics sales in
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