The Bank of Israel has gone live with SunGard Investment Management Systems' portfolio management software Decalog.
The bank is running the system on Microsoft Windows NT workstations, Sun application and database servers and the Oracle relational database.
Decalog is being used to to perform portfolio modelling, pre-trade compliance, performance measurement and attribution.
Barry Topf, director, foreign currency, Bank of Israel, says the implementation has streamlined investment management processes: "Decalog made it possible for us to manage the reserves in real-time and to apply advanced risk and reporting techniques."
SunGard says the deal marks the first central bank client for Decalog.