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Caja Madrid Chooses Sun Microsystems

Spanish savings bank Caja Madrid is overhauling its financial messaging strategy with Sun Microsystems' suite for Swift, in a three-year strategy covering payments, securities, funds and treasury and communication with external institutions.

The move will enable the bank to consolidate all bank-to-bank message flows and improve efficiency and time to market in the design and execution of business processes. It also includes full SwiftNet integration.

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