Dexia Fund Services announced today that it has chosen SunGard’s Reech FastVal to help it provide independent valuation of its clients’ credit default swaps, equity swaps, convertible bonds, inflation products, and interest rate vanilla and exotic derivatives.
Dexia Fund Services, the investment funds administration and custodian services business line of European financial services group Dexia, says the technology will provide an additional value added service and assist the board of directors to comply with new regulations.
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