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Credit Suisse has bolstered its derivatives capabilities by integrating the Derivatives Utility from FIS (NYSE: FIS), targeting post-trade futures and cleared over-the-counter (OTC) derivatives, according to a FIS statement.
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FIS is a provider of financial services technology in the derivatives space, having had its solutions assimilated by several leading lenders in the industry. The FIS Derivatives Utility is one of the group’s flagship offerings, which was designed to cater to capital markets firms internationally. More specifically, the utility grants a ... (read more)