Portfolio Communications

Sydbank goes live with Eurobase Siena Rate Manager and eTrader to enable new generation of FX eTrading services

Press Release   •   Sep 06, 2010 14:55 BST

London, UK – 6th September 2010 – Eurobase Banking Solutions today announced that Sydbank, one of Denmark’s leading full service banking groups, has gone live with Eurobase’s Siena Rate Manager and Siena eTrader solutions to enable its new generation of FX eTrading services.

 Sydbank has deployed Siena Rate Manager and Siena eTrader from Eurobase’s e-solution product suite. Combined, these products provide the Bank with a pricing engine and a thin client, single bank platform. The solution delivers price generation and one/two click trading capability for FX spot, forwards, swaps and limit orders to the Bank’s investment centres and online customers.

 Joe Locke, COO for Eurobase Banking Solutions, commented ‘’Eurobase is delighted that Sydbank have chosen, and successfully implemented, both Siena Rate Manager and Siena eTrader. We look forward to helping the Bank achieve its objective of significantly increasing its e-FX revenue in the coming months.”

 

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Note to editors:

Eurobase Banking Solutions is a division of the Eurobase International Group, which is a global software and services group. The group operates across a broad range of markets including FX, MM, treasury, insurance, reinsurance, IT consultancy, technical services and recruitment. Established in 1988, Eurobase’s nearly 300 employees and contractors support clients throughout the world.  Clients include market leaders such as WestLB, Standard Chartered Bank, Hannover Re Group, Hiscox and Dow Chemical Company.  Eurobase prides itself on the strength of its partnerships with leading technology providers such as IBM, Oracle, Microsoft and Hewlett Packard. For more information, visit http://www.eurobase.com.

 

For further information please contact:

Tony Martin or Abbie Carter

Portfolio Communications Ltd

Tel: +44 (0)20 7240 6959

tony.martin@portfoliocomms.com

abbie.carter@portfoliocomms.com