At First Chicago, Nextstep On Verge Of Further Growth Text
MANAGEMENT AND STRATEGY
First National Bank of Chicago has rolled out the latest version of its proprietary interest rate derivatives application, which is built using so-called dynamic object technology on Next Computer Inc.'s Nextstep operating system. The application is used by First Chicago's 70-odd front office derivatives staff in Chicago and London, as well as at a pilot installation in Tokyo. Meanwhile, the bank is now considering moving its derivatives back office onto a Nextstep platform, according to Matthew
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