Dresdner Pilots Automated Swaps Confirmation System

- By Risk Staff
- 03 Nov 1997

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DRESDNER Bank is piloting an automated confirmation system designed to reduce the operational risks associated with swaps and other OTC interest rate derivatives.

Bank officials confirm that Dresdner is testing DocSolution for Swaps and Derivatives, a new application designed specifically for generating derivatives confirmations from traders' deal tickets.

DocSolution is developed and marketed by Documentum, a specialist document management systems vendor headquartered in Pleasanton, California.

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