HDFC Readies Summit FT for Derivatives Trade Capture
MUMBAI—India's HDFC Bank is to roll out the Summit FT treasury trading and management system from Misys Banking Systems to automate trade capture, pricing and back-office functions for the firm's interest-rate derivatives trading area, according to officials at the vendor.
HFDC Bank is the first Indian financial institution to select Summit FT, according to Prabhakar Saxena, general manager sales and distribution for India at Misys. The bank will first roll out the system to cover interest rate
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