BofA Launches UK Web Optimizer


LONDON--Cooperation between Bank of America's (BofA) foreign exchange and global risk analysis desks has resulted in the deployment of a portfolio management tool--already in use by BofAA's U.S. traders--to help BofA's foreign exchange traders better manage their positions. The tool, dubbed the Optimizer, is actually a web-delivered corporate treasury risk management tool, following its successful launch in the US last year.

BofA's Optimizer, brings a traditional portfolio construction to assess

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