Abbey National signs up to Datasynapse's LiveCluster service

Abbey National Treasury Services has signed up for LiveCluster, a computer infrastructure software product developed by New York-based trading technology vendor DataSynapse. The UK bank will use the software to enhance the computation of its capital markets and derivatives operations.

LiveCluster is a computer distribution system that speeds up the process of computing mathematical models for pricing, valuation and risk management reports.

Abbey National Treasury Services will use the system for a range of derivatives products, including credit derivatives. The bank is one of the first European financial institutions to purchase the system since DataSynapse opened its London office in April, said Willy Ross, DataSynapse's managing director for Europe, Middle East and Africa.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Chartis RiskTech100® 2024

The latest iteration of the Chartis RiskTech100®, a comprehensive independent study of the world’s major players in risk and compliance technology, is acknowledged as the go-to for clear, accurate analysis of the risk technology marketplace. With its…

T+1: complacency before the storm?

This paper, created by WatersTechnology in association with Gresham Technologies, outlines what the move to T+1 (next-day settlement) of broker/dealer-executed trades in the US and Canadian markets means for buy-side and sell-side firms

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here