TECHNOLOGY

TECHNOLOGY

Commonwealth Bank of Australia (CBA) has gone live with Sungard Capital Markets' Devon Derivatives System to support its Sydney-based interest rate swaps trading operation (Derivatives Engineering & Technology, June 23). The Devon application will be used alongside ADS Associates' Global Trader deal capture and risk management system and Sungard's Panorama enterprise-wide risk management engine.

Devon is now installed at CBA's main dealing centre in Sydney, with remote access for the bank's