Lloyds To Use Sema Software On IBM For London Treasury
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Lloyds Bank PLC, one of the four largest U.K. clearers, is modernizing its treasury dealing room to better support its wholesale and retail foreign exchange business. The move involves installation of 200 IBM PS/2 model 80 workstations at its central London offices. The new system, developed by Sema Group U.K. Ltd., formerly CAP, is currently being implemented.
As well as distributing external market data and Lloyds dealers' commentaries around the trading room, it will distribute house rates
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