Tech briefs

CBA gets Fenics

Commonwealth Bank of Australia (CBA) is using Fenics from the GFI Group for global FX options pricing. "FX risk management is a core activity, our clients expect fast and accurate pricing, with specialist risk management products and value-added advice," said Peter Coad, head of trading and product management at CBA in Sydney. "Identifying a risk management and pricing environment was critical to maintaining a leading market position." The Fenics deal is the latest in a series