TECHNOLOGY
TECHNOLOGY
Deutsche Morgan Grenfell has deployed the Summit software application suite in Germany, London and Singapore and initiated a global implementation to encompass 100+ positions spanning New York, Tokyo, Sydney and Toronto.
The Summit product suite manages front-office interest rate derivatives, including swaps, interest rate options, caps and floors, and exotics as well as associated hedge products. The bank's OTC research team has also licensed Summit's APIs and Financial Toolkits to develop
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