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Sydbank chooses SONARIS/Bonds

AABENRAA, MONTREUX - June 22, 2004. ORIMOS S.A., the specialist provider of fixed income software solutions, today announced that Sydbank has become the latest in the growing list of Nordic banks using its SONARIS/Bonds front end solution.

Jørn Gregersen, IT Project Manager at Sydbank, comments: 'It has been quite a remarkable project given our very tight timeframes. ORIMOS were able to quickly respond to our request for proposal, demonstrate the solution to be effective, map it to our precise requirements and complete the installation for go-live, all in a matter of weeks.'

'SONARIS/Bonds is very well suited to our trading and business needs' states Svend Pedersen, Head of Fixed Income Trading, Sydbank. 'It has the necessary performance for pricing in fast markets and the user interface allows our traders to tailor it at will according to changing trading conditions. We are very satisfied with this solution.'