HVB Group Hammers Out Repo Deal With Anvil

HVB Group is in final negotiations to purchase a suite of products from Anvil Software for their repo and securities lending desk. HypoVereinsbank expects to take Anvil ARTS for repo trading; Anvil ARTS Securities Finance module; Anvil ARTS Managed Lending Module, for agency lending programs; and Anvil Order Management, for linking to electronic repo markets. Installation of the Anvil products has already started.

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