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TECHNOLOGY NEWS

DEPFA BANK EXTENDS USE OF SUMMIT SYSTEMS

Depfa Bank has taken Summit Systems’ software for a further 25 positions in its Wiesbaden, Germany and Dublin, Ireland offices. The bank has also extended its use of the software to a complete front-to-back-office solution, managing transactions including vanilla and exotic derivatives, FX options and real-time FX trades.

Previously the bank used the software purely for front-office management in 25 positions. That meant it had to interface Summit’s

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