FX Week

Swiss Bank To Test FD’s MIPS Enhancement To Micrognosis

TECHNOLOGY

Swiss Bank Corp. is set to evaluate FD Consulting Inc.’s MIPS digital feed handling and workstation software at its New York offices during a 60-day pilot slated to begin this month. MIPS would allow traders to access certain market data services and run local applications such as spreadsheets.

"What we’re looking for with MIPS is two-fold," says Brian McArdle, vice president of trading technology at the bank. "Basically, they support certain services that Micrognosis doesn’t have right now,