Taipeibank has chosen Sierra Treasury from FNX to automate its front-to-back office trading operations.
The installation will support FX cash, money markets, and fixed income securities, as well as repo, FX options, interest rate and cross currency swaps, FRAs, and yield enhanced deposits. Additionally, the Bank will provide online access to the system at its branches through standard Web browsers.
Jessie Ding, president of Taipei Bank comments: "Our requirement was for a proven single system for all products, providing STP and capable of supporting high volume simple products as well as low volume complex ones. FNX's Sierra Treasury meets our present as well as future requirements."