WestLB reaches for Summit

Summit will provide 600 users with front-office trading support for a range of financial instruments, including FX and FX options, money markets, credit derivatives, interest rate derivatives, fixed income and bond options. It will also provide derivatives back-office processing.

Gerd Boerker, an executive director and head of IT and e-commerce at WestLB, said historically the bank has implemented "best-of-breed" solutions from several financial software vendors. But best-of-breed "entails h