Rivka Carmi, spokesperson & manager of public relations department, Bank Leumi, said: "In upgrading our dealing room platform, we sought a solution which would strengthen our competitive advantages. Our criteria included a state of the art, 100% straight through processing system, supporting the full range of sophisticated instruments with a high degree of efficiency. After a rigorous selection process, we chose The Wall Street System due to its track record as a proven solution used by major global banks. Upon completion of the project we expect to benefit from the ability to further expand our business in this strategic area, as well as significant cost savings and increased operational efficiency"
Mike Thrower, director of marketing, Wall Street Systems, said: "We are working closely with Bank Leumi â our first client in Israel â to deliver a number of local market enhancements to the Wall Street System. This makes our system even stronger â especially in the area of FX options. This is a particularly significant project for Wall Street Systems."