Taipei Bank takes Sierra

TECHNOLOGY NEWS

TAIPEI -- Taipei Bank has gone live with FNX’s Sierra Treasury product for multi-site cross-product trading operations, the firm announced last week.

The bank is using Sierra to support its FX cash, FX options, money-markets and fixed-income securities trading, as well as repos, interest rate swaps, cross currency swaps and forward rate agreements. The system is live for trading in the bank’s Taipei offices and will be rolled out to its other trading units shortly.

"Sierra Treasury’s ability