Ta Chong Bank to implement FinIQ structured products solution
The web-based software will be used to automate pricing, dealing, settlement, customer correspondence and post-trade functions. The first phase of the rollout will be live on August 31, with plans to expand product coverage to equity-linked notes in 2011, the vendor said.
As part of the total contract, the platform will link to TCB's foreign exchange options price provider counterparty via automated options pricing request-for-quote and subsequent deal execution. The vendor declined to disclose
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