Bank of Communications selects Misys' Summit FT

NEWS

The Hong Kong-based bank has implemented the tool as part of a strategic focus on driving derivatives growth in China.

A bank representative said the ability to handle new complex trades was central to its choice. "We are using the fully integrated front and middle office elements of Summit FT to support our trading books in FX options, interest rate derivatives, fixed-income derivatives and multiple underlying structured trades."

Misys said it has seen substantial growth in the treasury and

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