Dresdner Bank AG

Contact:
Dresdner Bank AG
Jurgen-Ponto-Platz 1
D-60301 Frankfurt/Main
GERMANY

Tools Used:
STARS++, CORBAŽ

Description:
STARS++ is the Strategic Arbitrage and Risk Management System of Dresdner Kleinwort Benson. It's a trading and financial risk management system which covers current interest rate derivatives (i.e; Swaps, Options, Futures, Exotics) alongside traditional treasury instruments with the assistance of CORBA.

In its capacity as a front-end system, it supports the treasurer and provides a state-of-the-art method of analyzing and quantifying market risk. STARS++ draws up a risk profile for the covered positions. As a back-end system, STARS++ also helps to manage and evaluate everything from total lendings to investment portfolios to trading portfolios. The needs of reliable and fast information is the most important factor in the trading business. Therefore, communication between systems has become first priority since 1996. With CORBA, STARS++ offers services and uses services within the Dresdner Bank network.

STARS++ was the winner of the "Best Implementation of a distributed application using Object Technology" at the Fourth Object Application Awards, 1997.