Times Bank Implements STP Using Devon/Panorama
TECHNOLOGY SPOTLIGHT
LONDON--Times Bank of Mumbai, India will implement straight through processing (STP) and integrated portfolio risk management for its treasury operations via Infinity's Panorama and the Devon System.
Times Bank is expanding its range of services to private and retail customers and the subsequent increase in daily volume in FX and money market transactions meant that it needed a front-to-back office platform that could manage risk. A total of 16 positions will be supported by the Panorama/Devon
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