IBJ London Licenses Storm For Forex Market And Credit Risk Management

TECHNOLOGY & INTEGRATION

Industrial Bank of Japan's London branch is enhancing its foreign exchange trading systems infrastructure by implementing the Storm risk management system developed by New York-based IDS, previously known as Intelcom Data Systems.

The Storm system is being used to provide real-time, on-line credit line monitoring, to generate risk management analytics and to provide straight-through transaction processing and support for the branch's forex group.

The site license covers 30 foreign exchange

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