HDFC to implement Misys Summit FT

MUMBAI: HDFC Bank has selected Misys Treasury & Capital Markets’ solution, Misys Summit FT, to process interest rate derivatives.

The bank chose the solution because of the clear return on investment it provides, Misys said in a statement.

HDFC Bank is the first Indian financial institution to select Misys Summit FT since the company opened the Indian sales office in Mumbai recently.

The first phase will see Misys Summit FT implemented for interest rate and currency derivatives processing.

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