TECHNOLOGY
TECHNOLOGY
Westdeutsche Landesbank Girozentrale (WestLB) has signed a global licensing agreement for Inventure's recently released Fenics 7.0 foreign exchange options pricing system.
The bank will initially install the Microsoft Windows version of Fenics at its Frankfurt, London, New York and Singapore trading desks. WestLB plans to roll out the system to 17 other locations world-wide, according to Inventure officials.
Calls made to Colin Mitchell at WestLB's London office were not returned by press time
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