L M Ericsson is continuing its drive into the financial sector with the launch of a digital dealer system based on the MD110 PABX. The first system has been installed at the Amsterdam Stock Exchange where it is part of the modernisation programme to automate the dealing floors. Bjorn Lundgren, vice president of Ericsson Business Communications says that tailoring switches for financial applications will become increasingly important to the division. The MD110/FS system has been developed on the MD110 to provide capacity of 1,000 dealer boards and 2,000 external lines. Connection to bank offices in the Netherlands and internationally is also possible over the public network thanks to the distributed processor architecture of the MD110. It supports 335 dealer consoles plus 1,300 external trunk lines into the public telephone network, controlling all telephone calls to and from the Exchange trading floor. Each of the 161 member firms retain their dedicated trunk lines. The Amsterdam installation was carried out by the Netherlands PTT in conjunction with Ericsson.Ericsson has a clutch of existing contracts for other systems with financial institutions, including the London International Stock Exchange; the Stockholm Exchange is scheduled to install the Eripax packet switched data network this autumn.
