BOI Selects Summit for Credit Derivatives

BOI has selected Summit to provide the software that will support its expansion into the rapidly growing credit derivatives market.

First Published by e-Forex News: October, 2004

BOI has selected Summit to provide the software that will support its expansion into the rapidly growing credit derivatives market. In addition to supporting its front office trading function, Summit will handle all aspects of risk management and operations covering a wide range of instruments. This purchase builds upon the Banks existing Summit modules that include money markets, fixed income and interest rate derivatives. The addition of the Summit Credit Derivatives module ensures that we keep all our derivatives business on one platform thus helping us streamline our processes and procedures, says Lorcan Connolly, Head of IT for Bank of Ireland Global Markets.