LONDON--Deutsche Bank's global corporates and institutions division has signed up as the first customer for a new collateral management system developed by Synamic, a London-based financial software house. The bank will use Synamic's OSM system to optimize credit and operational risks arising from its collateralized trading business. Deutsche will deploy OSM in London, New York and Tokyo, according to Synamic officials.
Corby Angle, global head of credit risk management IT at Deutsche, says t
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