Credit Suisse has formed a strategic relationship with Celoxica whereby the vendor will provide hardware accelerated trading and market data technology for Credit Suisse's new electronic trading platform. The two firms have agreed to implement and develop both existing market data solutions and new infrastructures to help address the growing need for high volume, deterministic trade processing capabilities as global markets continue to grow.
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Banks cannot afford to ignore Gen-Y. In a report, Catalysts for Change: The Implications of Gen-Y Consumers for Banks, Deloitte says Gen-Y could become the