DZ BANK deploys iSettle to automate the booking of repo trades
01.05.2006
In addition to iQbonds and iMarket, iSettle is the third icubic solution that DZ BANK deploys. iQbonds is a high performance solution for pricing, quoting, and trading of bonds on different electronic markets from a single application. DZ BANK is using the system for acting on platforms such as e.g. Bloomberg, Eurex, MTS, and Reuters.
Besides these external platforms iQbonds also sends prices to iMarket. The bank internal market uses these instrument prices as the basis for the calculation of the final customer price. Furthermore, iMarket categorises DZ BANK’s customers according to different criteria such as the revenues, and calculates corresponding premiums and discounts. Hence, iMarket enables seamless workflow between the traders, sales, and the bank’s customers.
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icubic_DZ-BANK_iSettle_ENG.pdf [31.07 KB]
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