Bank Of America Consolidates Performance Measurement
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SEATTLE--Bank of America reached another milestone in merging two giant banking companies late last month when it converted the pre-merger NationsBank's performance measurement and reporting platform to First Rate Performance 4.0 from Sungard Data Systems' Superf4. The upgrade sets the stage for consolidating the entire trust bank on FRP 4.0 by October.
While NationsBank is adopting the BofA name, it is the lead bank in the merger, and its core trust accounting system will be the surviving
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