Caspian Securities And DLJ Tap Elmbridge For CAD Compliance

CASPIAN Securities and Donaldson, Lufkin & Jenrette International have purchased XS Monitor, a capital adequacy directive (CAD) solution from London-based Elmbridge Financial Systems.

Caspian is a global investment bank specializing in emerging markets, with offices in London, Hong Kong, New York, Southeast Asia and Latin America.

It was founded in 1995 by Christopher Heath, a former chief executive at Barings Securities (Investment Management Technology, June 23, 1995).

"I think XS Monitor is one

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