Summit markets new porfolio product

The new technology should help speed up transaction processing - it includes cross-asset processing - and is suitable for all sizes of financial institutions, said Summit.

Summit FT is already on general release and being installed at two clients – UniCredit Banca Mobiliare (UBM) and Danske Bank.

Frederique Lecarlatte, product manager for Summit FT, says Summit will add at least one major new component to Summit FT every quarter. “Our current development focus is to add further real-time functionality, including portfolio cash, bonds and P&L modules," he said.

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