Capital G Bank licenses Spectrum

Bermuda based Capital G Bank, has licensed the Spectrum Treasury System from Financial Software Systems to manage its foreign exchange, money market and interest rate hedging activities.

First Published by e-Forex News: January, 2011

Bermuda based Capital G Bank, has licensed the Spectrum Treasury System from Financial Software Systems to manage its foreign exchange, money market and interest rate hedging activities. Capital G Bank is privately held and provides personalized wealth management services for personal banking, business banking and private banking customers. Spectrum is a comprehensive position management system for foreign exchange, money market instruments, fi xed income instruments, equities and derivatives. Capital G Bank will use Spectrum to manage its FX trading activity and its Money Market and Repo activity. In addition, Capital G Bank will manage its Forward Rate Agreement and Interest Rate Swap hedging activity in Spectrum. Spectrum will provide Capital G Bank with complete front-offi ce, middle-offi ce and back offi ce functionality, with true straight through processing of Treasury transactions from deal-capture in the front-offi ce to producing general ledger accounting entries in the back-offi ce. Spectrum is built on Microsoft’s .NET platform.