Swiss Volksbank is installing software from ACT International to automate its currency and interest trading departments. The system, Cmark, provides pricing, portfolio analysis, and full trade processing for off-balance-sheet instruments, foreign exchange, international debt instruments, and other money market products.
Swiss Volksbank will use the system for processing and administration of currency options and the management of short-term interest. Trading, processing, administration, and risk management are accessed separately.
Swiss Volksbank is based in Bern. ACT, a software and professional services company, is based in London.