International asset management and banking software company COR Financial Solutions has peddled its PARAGON product to two US bank.
PARAGON is a fixed-income portfolio/collateral management and accounting solution that can be customized to meet the varying needs of banks and fixed-income broker/dealers. The product coverage of the PARAGON Core System includes support for the full range of variable rate instruments and early redemption features, and more specifically, includes asset-backed securities, debentures, treasury securities, other fixed-income instruments, money market instruments and equity instruments.