Austria-based Raiffeisen Zentralbank (RZB) has selected the Wall Street System treasury engine to support its treasury and cash management operations.
The bank is implementing the FX, money markets, FX OTC options, futures and options and interest rate derivatives modules for the front office across all its locations.
Back office modules, including settlement, confirmation, credit and accounting functionality, will be installed at its head office in Vienna.
Wall Street Systems says the solution will enable the bank to improve control and management of its risk portfolios across the group and to handle more transactions across exisitng and new product ranges.