Kredietbank Takes Spectrum In New York

Brussels-based Kredietbank has installed Financial Software Systems' Spectrum Treasury System at its New York offices.

The new application supports the bank's money market, foreign exchange and interest rate derivatives operations in both front and back offices.

Kredietbank, one of the largest banks in Belgium, chose Spectrum primarily to boost its risk management capabilities, say officials.

Patrick Garrity, Kredietbank's treasury risk manager, says Spectrum currently supports "between 20 and

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