Multilingual version
The multilingual version of Varitron has been released today, letting users change the language during runtime. Currently clients are able to choose between Hungarian and English versions.
Inforex-Varitron integrated front office and risk management system
The Hungarian Post Office chose the Inforex-Varitron integrated front office and risk management system to serve its recently created Treasury Department. The system will help the company's daily cash management as well as the currency risk management of its investments. The program will connect to the firm's SAP system via interface.
"decree on the trading rule"
The so-called "decree on the trading rule" has been declared. At the same time the parliament modified the corresponding paragraphs of the Hungarian Banking Act and the Hungarian Securities Act. The new regulation requires banks and securities firms to have enough capital to cover their market risks.
A Credit Lyonnais Bank has been chosen Varitron
Credit Lyonnais Bank chose Ramasoft's Varitron system as a trading book reporting solution. The system interfaces with the banking system and is powered by a Microsoft SQL Server 2000 database.
Extended data service
We extended our data service to include the Hungarian mortgage paper zero coupon yield curve, that we estimate using the prices of the morgage papers listed on the Budapest Stock Exchange. The estimation is based on linear interpolation of cubic spline functions.
Analytica system
Representatives of Lumina Decision Systems (http://www.lumina.com) and Ramasoft Llc. today signed an agreement about the distribution of Analytica in Hungary, making Ramasoft a value added reseller of Analytica. Analytica has more than 10000 users around the world.
Ramasoft will use Analytica to develop solutions thet require complex mathematical and financial models, and users want to modify the models themselves. These solutions include asset-liability planning and analysis or liquidity and cash planning and forecasting systems.
Datatron service went live
The Datatron service went live today (http://www.datatron.hu). The service enables our data service subscribers to access our data through the web.
Quant 3.0
Version 3.0 of Quant was released. This is the first version released by Ramasoft, including bug fixes and new functions both on the client and the server side. The system had undergone intensive testing. The version is installed to all the Quant users who purchased the right for the latest version from Ramasoft.
Monitron at WestLB Hungaria Bank
Monitron reporting system went live at WestLB Hungary Bank Ltd. The bank will prepare monthly and quarterly reports for PSZÁF (Hungarian Financial Supervisory Authority) by using this software.
Varitron went live at Credit Lyonnais Bank Hungary Ltd.
After successful testing, Varitron went live at Credit Lyonnais Bank Hungary Ltd. The system enables the bank to prepare trading book reports. Varitron interfaces with the banking system and is powered by a Microsoft SQL Server 2000 database.
Dresner Bank has been chosen Varitron
Dresdner Bank Ltd. decided to buy the Varitron system to automate its trading book reporting process.
Development for OTP Banka Slovenska
Ramasoft developed the Quant module preparing Slovakian trading book report for OTP Banka Slovenska, the Slovakian subsidiary of OTP.