BankBoston has installed PixelVision Technology's flat-panel-display (FPD) monitors in support of its foreign exchange traders and salespeople worldwide. The firm-which chose PixelVision after evaluating flat panels from IBM and Sony Corp.-has to date deployed between 275 and 300 FPDs on its trading desks in Boston, London, Singapore, Hong Kong and London.
The Singapore office, which went live with PixelVision's FPDs last April in support of 15 users, was the first group within the firm to install the technology. The Boston office, which phased in the flat panels for roughly 82 traders and salespeople between December of 1998 and March of 1999, represented the firm's largest flat panel roll out.
Michael Montague, systems manager and head of the client services group at BankBoston, says that the firm has deployed an average of three flat panels per position for its FX traders and salespeople. While describing the flat panel offerings of Sony and IBM as "very good," he says that PixelVision's functionality was superior.
In particular, Montague cites PixelVision's ability to run three or more flat panels from a single PC. "Not many products give you the ability to have a single CPU connected to three to five FPD monitors," he says.
Moreover, Montague says that PixelVision's offering has "inventory management capability" and a power saving feature that allows BankBoston to dictate when the flat panels turn on and turn off.
The PixelVision system also comes with a feature that will enable a head trader to view the information that an FX trader or salesperson is looking at. Montague expects the firm to implement that information sharing ability sometime down the road.