The new customers will use 4sightâs Securities Lending and Borrowing, Repo and Collateral Management software solutions and are banks based in North America, Europe and the Asia Pacific region. One of the projects also involves the large-scale replacement of a competitorâs system.
In response to the strong growth in new customers, 4sight continues to employ a large number of extra staff to meet the increase in demand for its products.
âWe would like to welcome the new clients to our customer base,â comments Alastair Chisholm, 4sight Managing Director. âDemand for our systems has been driven by financial institutions looking for software tools to help manage risk, improve efficiency and reduce costs in the post-Lehman environment.â
âFinancial firms are also looking for vendors with the stability and experience to ensure successful projects and a long term return on their investment in technology. We look forward to working with all of our clients to help them achieve ever greater success.â