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Management Strategies

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World Briefs

Aktia Savings Bank; SunGard Trading and Risk Systems; Bank of Finland; Trema

Aktia Savings Bank, Finland, has licensed BancWare, a financial planning and asset liability management system from SunGard Trading and Risk Systems, New York, to manage interest rate risk.

Bank of Finland has installed Finance Kit, a treasury management solution for central banks from Trema, Sweden, to manage FX reserves, monetary policy and customer payments.

Central Bank of Sri Lanka has licensed Central Accounting System, a real-time gross settlement system from Logica, United Kingdom, to settle interbank high-value payments.

Mizuho Corporate Bank, Japan, has consolidated the loan operations of its predecessors-Fuji Bank, Industrial Bank of Japan and Dai-Ichi Kangyo Bank-on the Advanced Commercial Banking System from Alltel, Little Rock, Ark.

Lloyds TSB, United Kingdom, has contracted with Unisys, Blue Bell, Pa., to deliver a managed intrusion detection service using software from Internet Security Systems, Atlanta.

FirstCaribbean International Bank, Barbados, has awarded Computer Sciences Corp., El Segundo, Calif., a contract worth $20.5 million to combine and upgrade its information systems.

Anglo-Romanian Bank, United Kingdom, has selected BM+ RECS, a nostro reconciliation solution from IDOM Consulting, United Kingdom.

KBC Bancassurance, Belgium, has gone live with Loan IQ, a commercial lending system from IQ Financial Systems, New York.

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