Barclays Capital Selects Caplin Trader for Online Fixed Income Trading
Barclays Capital, the investment banking division of Barclays Bank PLC, has signed a contract to purchase Caplin Trader – a web-based application platform, to be used in Barclays’ Fixed Income eCommerce offering. Caplin Trader is a client connectivity platform incorporating a rich internet application (RIA) that enables financial institutions to offer sophisticated multi-asset online trading in a browser. According to the companies, the advanced drag-and-drop Ajax front-end makes it easy for end-users to create individual screen layouts to their exact requirements, and the configurable trade model makes it quick and easy to roll out new products. In addition, they add that Caplin Trader can be accessed from any standard web browser – with nothing to install, no plug-in dependencies and no changes to security settings or firewalls -allows banks to access the largest possible customer base. Built on the Caplin Platform, Caplin Trader provides a scalable architecture, which enables institutions to handle high levels of customer demand.