The sophisticated and reliable new platform was selected to replace the existing pricing infrastructure. The bank went live with Spot and Forward rates in March.
D-3 clients are installed in DÃ¼sseldorf and globally. The system provides various applications with real time updates of FX rates. This includes front office systems and e-commerce applications as well as the distribution to sales desks in different locations.
Digitec sees a growing interest of major banks to replace spreadsheet based pricing solutions with the client server architecture of D-3, that ensures high availability combined with low latency.