Vinga PMS
The combination of expert knowledge about the Swedish money market and
early usage of the IBM PC made the Vinga PMS system (PenningMarknadsSystemet)
a success during 1985-1988 and was used by several Swedish customers.
| Vinga PMS started as a back office system for banks and
brokers. It evolved to comprise front office functions as well. Today, the
system handles bonds, bills, fixed income forward instruments, FRAs, swaps
and deposits. The single remaining customer is Swedbank Markets. By using PC technology, at that time not very common in this area,
Vinga could adopt Vinga PMS to changes in the market faster than the
competitors, which was a big advantage. Vinga PMS started as a single PC
solution, but it was soon extended to work in PC LANs. Since PC LANs
where not very common, Vinga often had to undertake responsibility for
installation and maintenance of the customers' first PC LANs. |