Julius Baer bank would use the GFI FENICS enterprise

Julius Baer bank would use the GFI FENICS enterprise

29th January 2010

It has been said by the GFI Group Inc. that the Julius Baer Bank has deployed the GFI FENICS Enterprise, it is considered to be a foreign exchange system that is used for pricing as well as for the analysis related to the FX options. FENICS Enterprise was launched in the year 2008, and is considered to be an advanced suite of the products that are used to make the pricing options of the FX and analyzes the portfolios in a much efficient manner for the FX options of the banks that are teamed throughout Zurich and Singapore, as according to the release of the GFI.

It has been said by Elliott Hann, who is the head of the sales of GFI FENICS for Asia Pacific that his company is quite happy on making its relationship with the Bank Julius Baer stronger in Singapore and Zurich as they are consolidating their systems throughout the globe.

Also, it has been stated by Richard Brunt, who is the global head of the GFI FENICS, that the banks are continuously looking for streamlining their operations and also to empower their people related to sales with the cutting edge tools which enable them to the price as well as analyzing the portfolios and to run risks reports that too on the fly.