BACK OFFICE
Chase installs FNX: Chase Manhattan Bank has signed a licensing deal with Wayne, Pennsylvania-based FNX for the vendor's Sierra System. The bank will use Sierra's back office and general ledger modules to support its global exchange-traded futures/options business. Chase will implement Sierra at its global operations centre in New York, as well as at support centres in Europe and parts of Asia, says an FNX spokesperson (Derivatives & Risk Technology, April 27).
Citi takes Anvil: Citibank has
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