GlobalVision, which will go into production with SIBEX in the first quarter of 2009, is to replace the current trading system which was developed in-house. In addition, SIBEX will implement interfaces between GlobalVision and its clearing and risk management systems.
âKey factors for us are the flexibility and proven performance that GlobalVision delivers. Through this, we will be able to facilitate business growth and expansion into new asset classes while supporting our existing clients and markets. The constraints that we were facing with our existing platform will now be lifted,â said Darius Cipariu, Deputy Managing Director of SIBEX.
Paul Constantinou, Sales Manager â Exchange Systems at Trayport, said, âWe are extremely pleased to announce this exciting new relationship. This contract reflects the inherent flexibility of GlobalVision which will enable SIBEX to evolve and innovate as its business and markets develop.â