LOOKING BACK: THIS WEEK IN IMT

DST International prepared to launch a multi-million pound initiative to write a series of conversion modules that will redenominate local currencies into the euro, the single European currency scheduled to be introduced in January 1999. By last September, the company, a subsidiary of DST Systems of Kansas City, Missouri, had recruited 20 clients, each of which had contributed £15,000 to the initiative. There were three levels to the euro update--one for asset managers outside of