Summit scores another in Taiwan
TECHNOLOGY NEWS
Summit is to be used for FX, FX options, money markets, interest rate derivatives, equity, credit default swaps and fixed income across the front, middle and back office at FEIB.
The system will run alongside Urbis, the incumbent system built by Unisys in 1998, until the new system goes live, said the bank.
FEIB is the second Taiwanese bank to deploy the Summit system in the last two months. In May, First Commercial Bank in Taiwan also signed on for the Summit FT product to handle all trading
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