News flash

This area contains short form news about Login activity:

July 2010: Implementation of Acumen has started for ZANACO in Lusaka, Zambia. Acumen will be used for the treasury operations (FX/MM), securities and order management. Acumen will handle the front office and risk management, with STP to Flexcube. Go live is planned last quarter of 2010.
May 2010: Maurice Thompson has joined Login to replace Laurent Piche, as the Login representative in Miami. He will support the American clients in their everyday use of Acumen (Laurent will return to Login Paris offices). After several years at CIBC, Jamaica, he then joined FCIB (First Caribbean International Bank, Jamaica) in 2002. He worked in the Liquidity Management, and Treasury Middle Office departments, first as an officer and then a manager. He also played an important role in the Acumen/Flexcube implementation at FCIB (specs, testing, training).
April 2010: ACUMEN release 7.50 is now available for use by clients. This new release contains many different features in terms of Deal Capture, Risk Management, Back Office and Technical aspects. It is running in production in 2 european sites in Finland and Germany. Click on the link on the home page to read more about the new release.
Implementation of Acumen has started for SKYE BANK in Lagos, Nigeria. Acumen of LOGIN and Flexcube of OFSS will be used STP, for FX, MM and securities. On this project, LOGIN consultants are working alongside consultants from Finance Application Systems Limited (FASYL), a Nigerian company which is primarily geared towards providing support services for finance software systems such as Flexcube. Acumen will cover their full treasury front office requirements, while Flexcube will handle the back office part of operations. Go live is planned end of 2010.
February 2010: Diamond Trust Bank (DTB) has successfully implemented Login-Acumen and AcumeNet systems for its Treasury Management System. Acumen is used by the Bank to handle the front office and risk management parts of FX, MM deals and securities. AcumeNet handles the order management part. DTB uses Acumen and AcumeNet in its headquarters in Kenya. It is planned to have the solutions deployed as well in Tanzania, Uganda and Burundi in the near future.
January 2010: IDB Bank has started the implementation of ACUMEN for its treasury operations in the UK. This is part of a common deal with Flexcube of OFSS to deliver corporate, retail and private banking services from a single platform.
November 2009: Diamond Trust Bank (DTB) has selected Acumen for its Treasury Management System. It will be used by the Bank to handle the front office and risk management parts for FX, MM deals and securities. Acumen will be running along with Oracle FSS Flexcube system, currently used at DTB for the treasury back office. DTB is located in Kenya as well as in Tanzania, Uganda and Burundi.
October 2009: LOGIN and it's partner OFSS (Oracle Financial Solutions Services, former i-flex) are continuously enhancing the interfaces between their two systems Acumen and Flexcube to ease STP. A new Java application server is now used to transfer the XML streams from Acumen to Flexcube and vice versa. This new technology provides a more modern, more secure transfer tool. Both companies also work on increasing deal coverage: in addition to previously existing FX, MM and security deals (including static data), a complete set of derivatives is now managed through the interfaces: Swaps, options, FRAs and also futures are fully managed, with deal information transfers both ways in real time, and Present Value or price upload from Acumen to Flexcube. This complete and reliable STP serving all types of instruments is available only for the sites running Flexcube release 10.
September 2009: It is with great sadness that Login announces the very unexpected death of Yan Hiff on September 29. Yan was a member of our implementation and development team for the last ten years. Our thoughts are with his family and friends.
July 2009: ACUMEN release 7.30 is now available for use by clients. It is running live in one client site. This new release contains many different features in terms of Deal Capture, Risk Management and Back Office. Click on the link on the home page to read more about the new release.
April 2009: A new set of structured products can be valued using the Acumen-NumeriX solution: the features of the new Acumen and NumeriX releases include support for inflation-linked products using the Jarrow-Yildirim model; extended support of equity-linked notes (basket performance type); and several miscellaneous features for interest rate and FX structured products. The Acumen-NumeriX solution is live at two client sites.
February 2009: The LOGIN web site has been completely updated, with mainly graphical enhancements (note the Paris La Défense skyline on top, and the Miami skyline on the bottom). New features will come in a later version. So enjoy surfing and please tell us what you think about it!

2008 archives

December 2008: INTERBANK, a leading commercial bank in Peru, has implemented Login ACUMEN and FLEXCUBE from Oracle Financial Solutions Services. The solution delivers front, middle and back office functions for the client. Go-live was end of 2008 with FX and MM products. Phase 2 for derivative products is planned Q1 2009. One more project on schedule, and a satisfied customer!
November 2008: Nordic Investment Bank (NIB), AAA rated, Finland, has gone live with its interface from Acumen to its new Treasury Back-office system. Login provided consulting services, customisation and interfaces development to help NIB achieve straight-through automation to the back-office for all deals including complex structures.
October 2008: The Client Support Department of LOGIN counts a new member: Anastassia Lonkevitch. She holds a Master in Finance from the Quebec University, Canada. She speaks french, english and russian, so when you reach her at the hot-line, you can choose your language when speaking to "Nastia"!
September 2008: Login was present at the SIBOS 2008 conference and exhibition in Vienna, Austria. We presented our common treasury solution with Oracle Financial Solutions Services (previously known as i-flex).
July 2008: Kateryna Frolova has joined the LOGIN client support team. She holds a degree in Market Finance from the Kiev Business School. She is Ukrainian and speaks French and English fluently. She has just started answering Hot-line calls and mails, and will be visiting clients end of this year as a junior Acumen consultant.
June 2008: Created in 1988, LOGIN celebrates it 20th Birthday this year! LOGIN created the event by sending to its main clients a magnum of Champagne to drink together, but through the web... So Marc, Patrick and Arielle, the member founders of the company, invited all to participate in a Champagne cyber party, on 26/06/08. Many attended, either looking at the complete staff of LOGIN celebrating the event, or calling during that event, or even chatting. To see more about this event (called "20 ans déjà !", in French), please click here: 20^th Birthday.
April 2008: Implementation of Acumen has started for Interbank in Peru. Go live is planned end of this year. Acumen of LOGIN and Flexcube of i-flex will be used STP, for all products, from basic FX and MM to derivatives. Acumen will cover their full treasury front office requirements, while Flexcube will handle the back office part of operations.
March 2008: LOGIN has started a project with the Computational Physics Laboratory (CPL) of the EPF school (a French engineering school). CPL has developed a modelling software able to perform, in real time precise and realistic numerical simulations of financial activities in order to obtain financial indicators, levels of risk and estimations of evolution scenarios. The goal of the partnership is to develop and integrate into ACUMEN three new functions: market data analysis, Monte-Carlo VaR calculation, and the analysis of portfolio evolution.

2007 archives

November 2007: Municipality Finance, Helsinki, is now also using the Numerix tool to price its exotic deals in Acumen. Models developed by Numerix are called by Acumen APIs to show the deal's value directly in Acumen. It concerns interest rate and exchange rate related exotic deals such as PRDC, Trigger, TARN, Snowblade, etc. As a reminder, Nordic Investment Banks uses the same tool for the same purpose.
October 2007: To ensure quality of service to the new customers of the Caribbean and in South America, LOGIN has decided to open a regional office in MIAMI, Florida. Laurent PICHE, an experienced consultant with LOGIN for the past 10 years, is now in charge of assisting new ACUMEN sites in this area.
August 2007: Login hired Ashley Cereze as a new IT member: she is specialised in SQL language and interfaces management. She will participate in the many interfacing projects under way in Login for our various clients.
July 2007: a new Go-live for Acumen at FCIB, First Caribbean International Bank, in Barbados and Curacao. This is the main site where Acumen of LOGIN and Flexcube of i-flex are running STP, for all products, from basic FX and MM to derivatives, including order management. Acumen covers their full treasury front office needs, while Flexcube handles the back office part of operations.
April 2007: the Client Support department welcomes a new member: Amrane Sahraoui has started his new job at LOGIN as an implementation consultant. He holds a degree in Stochastic Modelisation. He has gone through an in depth Acumen training and will start visiting clients soon.
February 2007: NIB (Nordic Investment Bank, Helsinki), is using the Numerix tool to price its exotic deals. Models developped by Numerix are linked to Acumen via APIs developed specifically by LOGIN, allowing to show directly in Acumen the value of the options or the package. This concerns interest rate and exchange rate related exotic options such as PRDCs. Equity linked will follow. Call us for more information on this Login-Numerix partnership.
January 2007: the whole LOGIN team wishes our clients and prospects a very happy, successful and prosperous new year. Best wishes for 2007!

2006 archives

November 2006: Login is proud to announce the Go-live of Acumen at SanPaolo Luxemburg. Login consultants assisted the client to fine tune the application and assist the users in their everyday use of Acumen, for Front, Back, and Risk Control purposes for Treasury operations.
October 2006: creation of Acumen release 6.90, available for use by clients (and installed in test in one client site). This new release contains mainly order management facilities and complete portfolio limits monitoring.
September 2006: registration of 26 clients and 5 partners at our 9th LOGIN Seminar. Our user meeting is as popular as ever! Maybe it is due to the interest of our clients in seeing our soon to come web version of Acumen: AcumeNet.
August 2006: Implementation of Acumen has started for FCIB, First Caribbean International Bank. Go live is planned beginning of next year.
July 2006: Login receives the order of a great number of Back Office and Accounting interfaces from Acumen. The request comes from a german client who wishes to be delivered with its 6.90 release in October.
June 2006: Login hires Ronan Boissy as new software developer dedicated to AcumeNet, our new Acumen thin client release.

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