Nikko Systems Solutions Taps Iris Financial to Build Bond Trading System

Nikko Systems Solutions has chosen Iris Financial, a provider of trading and risk management solutions for investment firms, to build its next generation fixed-income trading platform.

The new solution is the successor to Nikko Systems Solutions' current bond trading solution. The new bond risk management system will be built on Iris' CSA (Component Services Architecture) technology platform, a J2EE-based set of development technologies. It also will leverage Iris Financial's analytics engine, which Nikko Systems Solutions is rolling out as its standardized analytics engine for all fixed-income technology applications.

"Iris Financial has proven time and again that they have deep understanding of the unique needs of global banks and can deliver powerful, reliable technology solutions to leading firms in that market," said Masahiro Nakajima, executive officer, supervisor of Development Management Department, Nikko Systems Solutions, in a statement. "Our current Iris Financial solution has served us for several years. We look forward to launching the new solution and taking full advantage of Iris Financial's innovative technology and rich functionality."

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