Commerz Financial Products, the derivatives subsidiary of Frankfurt-based Commerzbank, plans to install S2 Tcam's CMS securities lending system in New York this summer. The vendor has added new risk management features to its application based on Commerz FP's requests.
Meanwhile, this summer Tcam plans to release an upgrade to the existing product. Vendor officials say this new version of CMS will be renamed as Advanced Lending and Repo Information System (Alaris).
Commerz FP was established i