IBM, Sumitomo Bank Capital Markets and Decision Software Jointly Developing Capital Markets Product

IBM, Sumitomo Bank Capital Markets Inc., and Decision Software are jointly developing a front office portfolio trading and risk management system. Called Expert Trading System (ETS), this product is based on the IBM RT System. It will enable firms that trade securities to coordinate financial transa...

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Bibliographic Details
Published inBusiness Wire p. 1
Main Authors Pohl, William L, Kondoh, Akira
Format Newsletter
LanguageEnglish
Published New York Business Wire 10.08.1988
Subjects
Automation
Capital markets
Computer industry
Joint ventures
Middle Atlantic
Product development
Sales of securities
Software houses
Tsuchida, Kozo
New York
United States > US
NY
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Summary:IBM, Sumitomo Bank Capital Markets Inc., and Decision Software are jointly developing a front office portfolio trading and risk management system. Called Expert Trading System (ETS), this product is based on the IBM RT System. It will enable firms that trade securities to coordinate financial transactions by using a common data base containing information on all fixed income and foreign exchange instruments including bonds, futures, options and swaps. The IBM RT System will afford traders and risk managers a powerful desktop workstation capable of performing number intensive analyses. (excerpt)