Deutsche Standardizes Systems Ahead of Merger
TECHNOLOGY SPOTLIGHT
NEW YORK--As Deutsche Bank sorts out its acquisition of Bankers Trust, sources say the German bank has decided to build a trade capture and position-keeping package using Wall Street Systems (WSS), the global standard for foreign exchange and money markets trading, at the soon-to-be-combined banks.
At Bankers, the WSS software will replace the legacy Remos system that Bankers has had in place since the 1980s.
In addition to the WSS decision, Deutsche will continue to use an interest rate
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