ICY software

Press Release Paris 8 of April 2003

SNECMA, one of the world’s leading aerospace corporations, specialized in propulsion and equipment, has chosen ICYFX to manage its currency strategies.
SNECMA was looking for a high performance FX front office system, because of a high currency exposure.

ICYFX answered this need. Its pricing and analysis features enable fast and accurate evaluation of strategies, while mark-to-market can be driven on single or global positions.

Mr Marc WULLSCHLEGER (Front Office Dealer) says: "ICYFX is easy to use and handle, ergonomic and completely meets the need of corporate companies like SNECMA, by offering great analysis capacity as well as accuracy and speed. Besides, Graphs and Matrix allow scenarii simulations and P/L or conversion rate representation, which give us relevant ideas to suggest strategies to our CFO. With the regular update of structures, we are able to evaluate all new banker proposals."

"We are delighted that SNECMA is part of our customers. ICYFX is fast and achieved, and also responds to market evolutions. The use of ICYFX in the treasury department of a great international company like SNECMA shows the relevance of our tool for corporate companies." says Quentin Heslouin (Sales Executive ICY software).

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