BOI has selected Summit to provide the software that will support
its expansion into the rapidly growing credit derivatives market.
In addition to supporting its front office trading function, Summit
will handle all aspects of risk management and operations covering
a wide range of instruments. This purchase builds upon the Banks
existing Summit modules that include money markets, fixed income
and interest rate derivatives. The addition of the Summit Credit
Derivatives module ensures that we keep all our derivatives
business on one platform thus helping us streamline our processes
and procedures, says Lorcan Connolly, Head of IT for Bank of
Ireland Global Markets.