Bank of Communications taps Summit

BoCom is set to go live with the middle office Summit Systems application from Misys treasury capital markets (TCM) after already launching a front-office solution from the same vendor, said Misys TCM officials.

BoCom will use the front- and middle-office applications to support foreign exchange options, interest rate derivatives, fixed-income derivatives and multiple underlying structured trades (Must), said Misys TCM officials.

“The front office went live in September,” said Alan Railton Hong

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