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DBS Vickers Securities (Singapore) Pte Limited Licenses Financial Software Systems’ Spectrum MarginTrac

Financial Software Systems Inc. (“FSS”), the leading provider of integrated financial software is pleased to announce that DBS Vickers Securities Singapore has licensed the Spectrum MarginTrac solution for interest rate swaps. DBS Vickers will be utilizing Spectrum MarginTrac as its core Straight-through-Processing platform for interest rate swaps, including trade capture, risk management and back-office. Spectrum MarginTrac will also act as the firm’s margining engine for the interest rate swaps product class.

Joseph Kubeyka, Managing Director of FSS, Asia Pacific noted, "We are excited about expanding our strategic relationship with DBS Vickers. DBS Vickers conducted an extensive review of all the leading interest rate derivative solutions in the market, and selected Spectrum as the best solution fit. This highlights the functional depth of Spectrum’s product coverage and is a further validation of Financial Software Systems’ global strength in the Broker-Dealer (Securities) space.”