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Temenos Readies Move Into Shanghai

VENDOR UPDATE

SHANGHAI—Swiss software vendor Temenos, well known for its European presence, is set to open an office in Shanghai by mid-June to meet an expected upturn in demand for banking and treasury trading solutions in China, as the former communist country liberalizes its economy.

"We are just finalizing the opening of our Shanghai office," Mark Cullinane, Temenos regional director for the Asia-Pacific tells DWT. "We have signed a lease agreement on an office and we are just submitting the final [legal]

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