Nova Scotia Builds Java-Based Platform

TECHNOLOGY SPOTLIGHT

TORONTO--The Bank of Nova Scotia has built an in-house, Java-and Corba-based derivatives trading platform that will be rolled out to its London traders next month.

"We believe in-house technology will allow us to introduce new products in a much more timely fashion and to have a complete end-to-end process when we do so," says M. Arnold Hull, assistant general manager of corporate business development in the technology group.

The system will be used initially for vanilla interest rate derivatives

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