Mellon Bank Plans To Roll Out Summit Systems Version 2.5

TECHNOLOGY & INTEGRATION

US-based Mellon Bank's capital markets division is gearing up to install Summit Systems' integrated front-to-back office suite of interest rate derivatives trading and market risk management software at its Pittsburgh headquarters.

The implementation is kicking off just ahead of Summit's release of system version 2.5, a product which the vendor claims improves upon the document processing functionality introduced in its current version 2.4 release.

Harvey Rand, Summit's director of marketing,