Anatomy Of A Merger

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by Renee Wijnen

When Royal Bank of Scotland bought National Westminster Bank last March, the financial markets IT unit faced a daunting task. Not only did it inherit over 100 trading systems designed to support an array of derivative, fixed-income and treasury products, but it also got trading platforms from three separate capital markets divisions.

In addition to RBS' own set of trading platforms, two units it inherited from NatWest-NatWest Global Financial Markets and Greenwich NatWest-had

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