Wall Street Systems, a provider of treasury and capital markets applications, says that it has sold some to Bank Leumi of Israel.
“In upgrading our dealing room platform, we sought a solution which would strengthen our competitive advantages,” explains Rivka Carmi, spokesperson & manager of public relations department, Bank Leumi. “Our criteria included a state of the art, 100% straight through processing system, supporting the full range of sophisticated instruments with a high degree of efficiency. After a rigorous selection process, we chose The Wall Street System due to its track record as a proven solution used by major global banks. Upon completion of the project we expect to benefit from the ability to further expand our business in this strategic area, as well as significant cost savings and increased operational efficiency”
Mike Thrower, director of marketing, Wall Street Systems, says Bank Leumi is the firm’s first client in Israel.