Credit Suisse Securities Uses Sierra for FI

OPERATIONS AND STP

LONDON--Credit Suisse Securities Ltd. (CSSL) of London has chosen the Sierra System made by FNX Ltd., a Philadelphia-based provider of trading, risk management, accounting, and general ledger technologies, to manage its fixed-income operations.

The system will provide automatic execution of fixed-income orders, position management, market and credit risk, through to settlement, and accounting entry creation. In addition, Sierra System will link to CSSL’s custodians to enable automated nostro and

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