Servicing the e-industry

Derivatives desks and trading and risk management systems suppliers are introducing ‘Web services’ to make information and applications more accessible across networks.

The new technology speeds up the development and distribution of applications locally or globally, and links heterogeneous systems for straight-through processing (STP).

Banks have long nursed ambitions of being able to create software components, such as derivatives pricing or value-at-risk calculators that they can easily

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