SE Banken Tests Facts From Iss For Portfolio Sensitivity Analysis

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Last year, the currency options trading desk in the New York office of Skandinaviska Enskilda Banken, a large Swedish bank, began testing a new decision support tool from Investment Support Systems Inc. Called FUTRAK Advanced Currency Trading System (FACTS), the tool allows the bank's traders to analyze their positions in exchange-traded and over-the-counter currency options in near-real time.

With the introduction of FACTS, New Jersey-based ISS extends its product line into the front office. For

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