IndusInd Bank Selects SD To Optimise Workflow And Broaden Product Offering

IndusInd Bank is deploying multi asset service from SuperDerivatives (SD) to strengthen the bank's ability to provide integrated services to clients, shorten the time to market of new products and monitor client's credit risk. IndusInd Bank is one of the

By None

IndusInd Bank is deploying multi-asset service from SuperDerivatives (SD) to strengthen the bank’s ability to provide integrated services to clients, shorten the time-to-market of new products and monitor client’s credit risk.

IndusInd Bank is one of the first new-generation private banks in India. Initially the deployment will include the interest rates and foreign exchange modules.

IndusInd Bank will use SD’s tool to give traders and sales teams access to accurate, real-time market prices and analytics, communication and execution tools, automation of the daily work flow and risk management for all interest rates swaps, options, structures and other rates instruments as well as all currency options and exotic structures and instruments across all traded currency pairs and virtually all currencies where a market for the yield curve exists.

“Our clients are looking for a more integrated approach when it comes to multiple investment products,” says J. Moses Harding, executive VP and head of Global Markets, IndusInd Bank.

“Having the SD solution will allow us to provide even better advisory services, since one sales executive will be armed with the tools to create a broader and more bespoke product range and with world-class market knowledge.”

“The unique SD system provides wide, multi-asset coverage, enhancing the productivity of the organisation’s entire derivatives business. It also enhances user confidence by generating transparency, which is especially important in today’s investing environment,” says Mark Wightman, VP, Sales Asia, SD.

L.D.

«