United Mizrahi Takes Fenics For FX Options


TEL AVIV--Israel's United Mizrahi Bank (UMB) has selected Inventure's Fenics Analysis FX options system.

UMB's site license for Fenics Analysis allows the bank to keep track of positions and analyze portfolio sensitivities, rather than simply quoting prices, says Jacob Harpaz, senior vice president at UMB.

"This new module has enabled us to examine risk from any perspective," says Harpaz.

UMB has been using Inventure's Fenics Pricing module for some time now, says Harpaz. The bank is now

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