Electronic Systems Took Heat Out of Summer Crises
Financial News - November 8 2007
The summer saw record credit derivatives trading volume. Some systems became stressed during this time. T-Zero® is mentioned as an affirmation and novation system. The story quotes Mark Beeston, president of T-Zero®, saying that the industry has made great strides in automating a number of back-end processes, notably documentation, and is working with the market to extend that across the life cycle of the trade.
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