GFI goes to Mumbai

MUMBAI - Kanji Pitamber, an Indian financial services group, has licensed GFI's pricing and risk management software, Fenics FX.

The contract was signed in January and covers use of the system within Kanji Pitamber's head office in Mumbai. The firm will use the pricing and analytics modules of Fenics FX for pricing FX options.

"The flexible way in which Fenics FX enables us to analyse rupee foreign exchange options is key to enhancing our brokerage operation," said Unnati Parekh, head of

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