Summit Supports Bank of Ireland's Entry into Credit Derivatives
Bank of Ireland has chosen Summit Systems to provide software to support its business expansion into the credit derivatives market. Bank of Ireland Global Markets is responsible for global treasury operations within the Bank of Ireland Group and will install Summit at their headquarters in Dublin. In addition to supporting its front office trading function, Summit will also handle all aspects of risk management and operations covering a wide range of instruments. This purchase builds upon the bank’s existing Summit modules that include money markets, fixed income and interest rate derivatives.
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