Oko Bank to extend Opics use for OTC derivatives

TECHNOLOGY NEWS

helsinki – Oko Bank, the central bank for Finland’s co-operative banking community, is extending its use of London-based Misys International Banking Systems’ Opics solution to cover regulated and over-the-counter (OTC) derivatives activities.

Opics is already deployed at the bank’s Helsinki head office to support treasury operations. The suite went live at the beginning of Q4 2001, replacing the bank’s mpct Solutions-supplied Atlas system.

This first-phase installation included applica