Phase II a MUST for Summit Systems
Phase II of Summit Systems’ MUST (Multi-Underlying Structured Trade) solution has been released, aimed at reducing time-to-market for new products. The solution will help traders create, process and analyse complex products and structured trades, according to the company. MUST can be integrated with Summit’s treasury and capital markets solution and will process structured deals, including those whose underlyings span multiple asset classes, said Summit. Key areas of Phase II include completion of front-to-back integration, a structuring tool to promote active trading and intra-trade cashflow netting, said the company.