Bank of Tokyo-Mitsubishi Completes Global Rollout Of Derivatech Options Pricing Tools

TECHNOLOGY NEWS

TOKYO--Japan's Bank of Tokyo-Mitsubishi (BTM) completed its global rollout of Derivatech's software, with a final installation in the bank's New York office last week. Derivatech -- a provider of currency derivatives pricing, analytics and risk management software -- says BTM is using Derivatech's pricing tools for its banks worldwide.

BTM says the decision to use one pricing system for its global operations comes at a time of increasing consolidation among Japanese investment banks, thereby

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