TECHNOLOGY

TECHNOLOGY

The New York branch of Svenska Handelsbanken installed Financial Software Systems' front-office Spectrum Treasury System to upgrade its internally developed front-office risk management systems.

The branch will begin using Spectrum to monitor its foreign exchange and money market trading activities and, over time, will use it to monitor trading in FRAs, futures, swaps and bonds. Svenska, Sweden's second largest bank, is a market maker in the Swedish krona, Finnish markka and Norwegian Krone and

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