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Bank Julius Baer Deploys GFI FENICS Enterprise As Global System

Swiss bank utilizes GFI FENICS Enterprise for pricing of FX options and analyzing portfolios.

GFI Group Inc. said today that Bank Julius Baer has deployed GFI FENICS Enterprise, its FX system for pricing and analysis of FX options.

Launched in 2008, FENICS Enterprise is an advanced suite of products that makes pricing of FX options and analyzing portfolios more efficient for the bank's FX options teams across Singapore and Zurich, according to GFI's release.

"We are very pleased to strengthen our relationship with Julius Baer in Singapore and Zurich as they consolidate their systems globally," commented Elliott Hann, GFI FENICS Head of Sales for Asia Pacific.

Richard Brunt, global head of GFI FENICS, stated. "Banks are continually looking to streamline their operations, empowering their sales people with cutting edge tools that allow them to price and analyze portfolios and run risk reports on the fly, with instant trade capture flowing back to their trading desk and back-office systems."

GFI FENICS is licensed to over 350 client firms worldwide, financial institutions and corporations, with thousands of users taking advantage of its solutions. Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in the capital markets. As an industry expert, Ivy has reported on a myriad ... View Full Bio

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