Credit Suisse Takes Ascom In Lausanne For FX Dealing

TECHNOLOGY

Credit Suisse plans to install a DEC-based dealing room system supplied by Ascom Banking Systems (ABS) at some 25 positions in its Lausanne foreign exchange and money market operation, according to ABS managing director Dirk Hannema. Ascom, a division of the Swiss-based telecommunications and computer systems group, will be installing its so-called Ascom INDEX system at the bank this Fall.

The 25-position system will be linked to a similar 150-position Ascom system that Credit Suisse installe