Integral Development, a derivatives software company formed by ex-Infinity president Harpal Sandhu, has formally launched its Integral Derivatives Framework (IDF) application development environment. The company says that IDF "breaks the mould" in derivatives systems, with features such as near-millisecond swaps pricing.

The object-oriented IDF software runs on a variety of platforms, including Microsoft Windows and Windows NT, IBM's OS/2 and AIX, Sun Microsystems' SunOS and Solaris, Hewlett

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