Options pricing firm adds back-office link in response to AIB forex fraud
TECHNOLOGY NEWS
LONDON -- SuperDerivatives, a UK-based online FX options pricing firm, has added a deal-capture facility linking its pricing service to back-office risk management systems. It said the feature has been added due to client requests in the wake of Allied Irish Banks' currency losses stemming from illegitimate options trades entered into accounting systems.
The new facility allows options to be priced and then processed to a bank's back office whenever a deal is transacted.
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