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 fir