IQ Financial Systems To Acquire Rolfe & Nolan's Lighthouse


NEW YORK--IQ Financial Systems, the recently launched software spin-off of Bankers Trust, is to acquire the Lighthouse treasury trading and risk management system from London-based Rolfe & Nolan (R&N), according to industry sources. These sources add that IQ is looking to pitch Lighthouse as a replacement for its ageing Remos foreign exchange and money markets trading system, which was developed by Bankers in the late 1980s.

IQ officials decline to comment on Lighthouse, and won't confirm or deny

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