Summit Systems has announced the launch of Summit FT which, said the company, has been designed to enable treasury and capital market firms to drive user productivity and speed up transaction processing. Summit FT exploits the latest web and thin client technologies and provide instant delivery of real-time information and services across the fixed income, treasury, derivatives and commercial lending markets, according to Summit. In addition to a different look and feel, Summit claimed its new solution provides tools to maximise productivity and gives flexibility to the user, enabling customisation of their own workspace and the ability to build composite pages from both Summit and external applications.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
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