Technology briefs

TD gets into derivatives with NumeriX
Toronto-based TD Securities, the wholesale banking arm of TD Bank Financial Group, has announced plans to develop a derivatives trading and real-time risk management system with New York-based vendor NumeriX.

NumeriX, which provides software support for cross-asset derivatives pricing and risk management, will act as the project’s architect and general contractor. “This system will enable TD Securities to consolidate information from key areas of our firm to

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