Sumitomo Installs FNX's Sierra To Boost Fixed Income Trading Operations
AFTER THE TRADE
TOKYO--Sumitomo Bank in Tokyo is rolling out FNX Ltd.'s Sierra System to provide real-time, integrated systems support for its fixed income trading operations.
Sumitomo has licensed Sierra's Yen trading and portfolio front office modules, and its Non-Yen Bond trading, portfolio and back office modules. TTW was unable to contact Sumitomo officials for comment by press time.
While final details of the project plan are being worked out, a joint bank-vendor project team has begun installing Sierra's
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