DSL is appointed as PaceMetrics UK Solutions Partner

PaceMetrics, a leading supplier of real-time Business Process Transparency solutions to the Investment Banking Sector, has today signed a deal with UK-based Dealing Systems Limited (DSL). DSL will spearhead the provision of PaceMetrics solutions in the UK. The PaceMetrics PaceMaker and Price Verification Server solutions have been implemented in a range of client projects across the world to enhance operational efficiency, to reduce operational risk and to improve customer service. PaceMetrics has major installations of its software in London, Dublin, New York, Frankfurt and Munich. The customer base ranges from several Tier 2 retail Banks to the largest of the Tier 1 Investment Banks.

DSL provide front-end decision support solutions to many of the world’s leading Treasury operations including HBOS London, Scotiabank, Svenska Handelsbanken, Credit Lyonnais, AIB, Banca di Roma as well as key money brokers such as Martins Brokers. It is primarily used within the Forex and Money trading rooms of Banks and Corporate Treasuries.

Gerry Giblin, CEO of PaceMetrics says “DSL represent the perfect Solutions Partner for us. DSL have extensive connections with the Investment Banking sector in the UK, together with a team that have expertise in the areas of Business Process Monitoring. We look forward to close co-operation with DSL. There is a real synergy between our customer bases.”

Hugh Curran, CEO of Dealing Systems Limited says “This deal with PaceMetrics is the culmination of a long association. We particularly appreciate the strength of the PaceMetrics solutions, utilising the power of real-time to bring Business Process transparency to the middle and back offices of Investment Banks. This arrangement will strengthen the service that PaceMetrics provides and gives DSL the opportunity to broaden its offering to its customers significantly.”