DrKW Debuts Trade Tool for Bonds

INFRASTRUCTURE

LONDON--Dresdner Kleinwort Wasserstein (DrKW) will this week roll out a global risk management system for debt instruments to rationalize its trade data distribution service and give traders and risk managers a single view of risk across products and locations.

Developed by DrKW software spin-off Yolus, the system, dubbed Phoenix, takes trade data from different trading systems to provide an aggregated view of trading as well as the level of risk in the bank’s positions worldwide. It is based on

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