Bank Of Montreal Selects Infinity, JTS For Derivs

WORKSTATIONS AND ANALYTICS

The Bank of Montreal is working jointly with Infinity Financial Technology Inc. and JTS Systems, a division of Transact Data Services Inc., to create an integrated front- to-back-office derivatives trading system that uses Infinity's derivatives modeling software and JTS's workflow management system. The new system is being tested in Toronto while the final development stages are completed, and is slated for initial rollout there during the spring, say bank officials.

The project involves

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