First Commercial reaches for Summit
Taiwan's First Commercial Bank has signed up to use technology provider Summit Systems. The largest private bank in Taiwan will implement Summit FT to handle all trading, risk management and operational needs across asset classes.
Summit partnered with Ares, its Taiwanese distributor, to win the deal. Competing with other major vendors over a period of one year, Summit was chosen because of its broad multi-asset class coverage that enables the bank to handle all its trade processing in one
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