London-based DLIBJ Asset Management Limited (formerly Industrial Bank of Japan) will this month switch over to electronic trade capture and treasury confirmation using the Salerio e2E product suite from One-Ten, effectively completing a front-to-back office STP implementation begun in mid-2001.
DLIBJ chose to move to the new Salerio e2e product suite last year, upgrading from an earlier version of the package first deployed in 1997.
One-Ten says the Salerio e2e Electronic Trade Delivery (ETD) and Treasury Settlement (TS) modules are live at the bank and have been in production since March 2002. These modules cover the settlement of all transactions for securities and treasury instrument types.
The second phase of the project, which is to add the automated confirmation of securities and treasury instruments, is expected to go live this month.
The bank anticipates that support for one or more virtual matching utilities will be added in the near future.