| June 10, 2004 | ||
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| French version- English version | ||
| EFG Private Bank deploys Traderforce financial information services | ||
| EFG Private Bank, one of Switzerland’s leading
Private Banks, has selected Traderforce to provide financial information
platforms for its clients advisory and external portfolio managers. EFG Private Bank has rolled out nearly 50 Traderforce Premium and Monitor accesses, replacing existing Reuters and Telekurs terminals. Traderforce is from now on the main market data provider in terms of terminals at EFG Private Bank. Traderforce is a market data integration platform in ASP and Thin Client modes. This contract reinforces Traderforce's position already selected by more than 120 financial institutions in Europe and more than 1,000 markets professionals. In 2004, Traderforce has been strengthening its sales actions in Switzerland and will open a local office in Geneva by the end of the year. Jean-Michel Blanco, CEO, Traderforce comments: "We are delighted to announce our deal with EFG Private Bank, one of Switzerland's leading Private Banks. Traderforce has reinforced its market share in Switzerland and has shown that it is able to adapt its services to clients' requirements. We have improved the functionality and the content intended for the Swiss market: Registered for Sales Funds in Switzerland, Swiss warrants, benchmarks and corporate bonds, AWP financial news delivered by AFX news agency". Patrick Zbinden, EFG Private Bank, comments in the name of the General Management: "The migration to Traderforce enabled us to realize savings of over 50% on the replaced systems by reducing our market data infrastructure in a notable way. Offering at the same time a powerful and user-friendly tool, Traderforce has proven to be a first rank alternative to the main market data players". |
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| www.egfbank.com | ||