Three European banks take Summit for forex

TECHNOLOGY NEWS

PARIS/MILAN -- New-York based software provider Summit has signed three recent deals with European banks to provide systems support software for FX and money markets trading.

In Milan, FinanzAttiva Sim, the investment-banking arm of Banca Popolare di Bergamo-Credito Varesino, will take Summit’s software for capital markets trading, including FX forwards and non-deliverable forwards, and FX derivatives trading.

Summit was selected for "its comprehensive trading features, back office and accoun