About a-team Marketing Services
The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Bank Leumi Le-Israel Extends GFI Fenics FX Coverage to Pricing and Analysis

Subscribe to our newsletter

Bank Leumi Le-Israel of Tel Aviv has extended its license for GFI Group’s pricing and risk management software, GFI Fenics FX, to the latest version of the software, including two new models, the Structuring Module and the Exotic Math Module. The bank, which has been a GFI Fenics customer since 1995, decided to expand its coverage to support greater demands from the local market for risk management and mark to market pricing.

Guy Hanan, head of options at Bank Leumi Le-Israel, explains: “We have been using Fenics FX since 1995 and this was an ideal opportunity to continue our partnership for the next three years. Our business in Israel is growing strongly in both vanillas and exotics and Fenics FX gives us the confidence we need in our pricing, exotic risk management and mark to market revaluation.”

The new coverage includes pricing, analysis and STP/API to export data to its back office system.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: FRTB: What still needs to be done before the global deadline of January 2023?

While implementation of Fundamental Review of the Trading Book (FRTB) regulation has been delayed twice for reasons first of complexity and second of the coronavirus pandemic, the final deadline of January 1, 2023 is less than a year away. For banks in scope of the regulation, the time to put necessary risk infrastructure and data...

BLOG

GoldenSource Plans Product Innovation Following Acquisition by Gemspring Capital

GoldenSource is planning to innovate its enterprise data management (EDM) and master data management (MDM) solutions, and accelerate global growth following its acquisition by Gemspring Capital. Product innovation will include building and buying adjacent solutions to the EDM platform. GoldenSource CEO John Eley, describes the acquisition as a strategic investment in the company’s growth. He...

EVENT

A-Team Innovation Briefing: Innovation in Cloud

This Innovation Briefing will explore approaches to data infrastructure transformation, technologies required and how to make sure processes are optimised to support real time data management. Hear from leading practitioners and innovative technology solution providers who will share insight into how to set up and leverage your data infrastructure to provide user access to consistent data and analytics, and companies the ability to monetise their data.

GUIDE

Entity Data Management Handbook – Second Edition

Entity data management is this year’s hot topic as financial firms focus on entity data to gain a better understanding of customers, improve risk management and meet regulatory compliance requirements. Data management programmes that enrich the Legal Entity Identifier with hierarchy data and links to other datasets can also add real value, including new business...