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Management Strategies

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World Briefs

WestLB installs Loan IQ in its Singapore, Tokyo and Sydney offices; BOC Credit Card contracts with EDS to upgrade its card processing systems in mainland China, Hong Kong and Macau; OKO Bank licenses Kana IQ, a contact center management solution from Kana.

WestLB, Germany, has installed Loan IQ, a commercial lending system from IQ Financial Systems, New York, in its Singapore, Tokyo and Sydney offices.

BOC Credit Card, China, has contracted with EDS, Plano, Texas, to upgrade its card processing systems in mainland China, Hong Kong and Macau.

OKO Bank, Finland, has licensed Kana IQ, a contact center management solution from Kana, Menlo Park, Calif.

ABN AMRO, Netherlands, has tapped Integration Broker, an application integration solution from Mercator, Wilton, Conn., to unify operations in its private banking business. Separately, ABN AMRO is using CLS Server, an FX trading system from Aleri, New York, to provide continuous linked settlement services to other banks.

Dexia Bank, Belgium, has selected IntelliMatch, a reconciliation and exception processing system from SunGard, Wayne, Pa., to consolidate handling of cash accounts, trades and holdings, FX and money market confirmations.

SEB, Sweden, has contracted with Nordic Financial Systems, Sweden, to develop corporate treasury solutions.

Standard Bank, South Africa, has licensed Algo Collateral, a risk management solution from Algorithmics, Toronto.

JCB, Japan, and United Overseas Bank, Singapore, have introduced a chip-based credit card in Singapore offering loyalty points from all stores in a shopping center.

Dekabank, Germany, is using Decalog, a portfolio management system from SunGard, Wayne, Pa.

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