OUTSIDE THE REGION

OUTSIDE THE REGION

 Industrial Bank of Japan International in London ditched its efforts to build a Unix-based bond trading and analytics system, firing the 14 developers on the project, including development director Hanif Jones. In a rare instance of a Japanese bank undertaking a major development effort outside Japan, the bond system was meant to be deployed throughout IBJ's other centres worldwide. Development work on the system, called New Trading System (NTS), was halted after 18 months of work because the

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A tech revolution in an old-school industry: FX

FX is in a state of transition, as asset managers and financial firms explore modernizing their operating processes. But manual processes persist. MillTechFX’s Eric Huttman makes the case for doubling down on new technology and embracing automation to increase operational efficiency in FX.

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