Danske Bank
Danske Bank New York Cuts the Errors
Looking to avoid the exceptions that occurred with manual ticket processing, DBNY adopted Misys Meridian.
Summit markets new porfolio product
New York-based transaction processing technology company, Summit Systems, has started to aggressively market its new portfolio processing product, Summit FT. The web-based product offers instant delivery of real-time information across a range of primary…
Danske Bank selects Algo Collateral
Denmark’s Danske Bank has implemented Algo Collateral from Toronto-based risk management software provider, Algorithmics, to support the expansion of its margining activities and collateralised counterparties.
Credit default swaps remain tight despite falling equities
Credit default swap spreads in Europe have remained relatively tight this week despite falling equities. The trend is being supported by the current dislocation between credit and equity, and also continued large issuance of synthetic CDOs, according to…
Danske restructures FX sales
Danske Bank has reorganised its forex sales team in London into separate units for corporate and institutional customers.
Euronext.liffe launches physically delivered universal stock futures
Euronext.liffe yesterday began to offer four physically delivered universal stock futures in an effort to boost the trading volumes of these contracts. The remaining 111 universal stock futures offered by Euronext.liffe are cash settled. Universal stock…
Algorithmics strengthens European connection
TORONTO - Canadian risk management software company Algorithmics said in October that Denmark-based Danske Bank had licensed its Algo Collateral software system to manage their over-the-counter derivatives and repo-margining activities. An Algorithmics…
Danske plans systems upgrades for exotics and swaps
Denmark’s Danske Bank plans to upgrade its front-end derivatives trading technology by introducing a number of new systems modules developed by IT provider Summit Systems, an operating unit of UK software company Misys.
ORX loss database operational by the end of the year
FRANKFURT, GERMANY - The Operational Riskdata eXchange Association (ORX), a not-for-profit venture to pool op risk loss data resources, expects its operational risk database to be operating by the end of 2002, Fred Peemoeller, chief risk officer,…