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Sal Oppenheim Upgrades Frankfurt Front-Office Trading Systems

TECHNOLOGY

The private German bank Sal Oppenheim Jr. & Cie is revamping the front-office systems in its Frankfurt trading room, incorporating a data-distribution system from Teknekron Software Systems and risk-management software from Zai*Net Software.

According to Heinz Hilgert, an executive in charge of financial markets at the bank, which is based in Cologne, Teknekron will be installed at around 110 positions in Frankfurt, covering all trading areas. Presently it has installed a pilot Teknekron

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