Tantus Treasury Dealing system Siena to support its front office trading
The system will provide a generic solution to the front office requirements of banks in both Jordan, and the Middle East generally.
Eurobase Tantus Banking has specialised exclusively in treasury risk management and dealer support solutions since 1978 and is a division of the Eurobase International Group, a market leader in specialist financial services software.
Eurobase Tantus Siena supports all major treasury instruments including
Foreign Exchange, Money Market, and Derivatives. Additionally, of particular
interest in the Middle East, is the systems collateral based Margin Trading
module and Equities functionality.
Siena's Web-module allows the systems many features and benefits to be offered to customers across the Internet, including automated trading.
Siena is a continuously evolving system, whose modularity enables the easy introduction of new financial instruments and client specific enhancements.
The Java base enables Siena to work on multiple platforms along with ease of
integration into existing systems, including back-office and core accounting systems.
Extensive user feedback has enabled Eurobase to implement a highly efficient
deal capture mechanism with real time interfaces to electronic trading systems. This gives traders access to dynamic position keeping and profit and loss information facilitating more informed decision-making. The system's Straight Through Processing capability significantly reduces the overall cost per transaction. Siena also enables management to exercise control over all product risk and exposure via its real time reporting capability.