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Wells Fargo's Forex Group Rolls Trade Processing Apps

MANAGEMENT AND STRATEGY

Wells Fargo Bank has licensed an integrated suite of trade processing applications provided by the Frustum Group for its foreign exchange operations in San Francisco. The new systems will automate previously manual procedures including position keeping.

Wells Fargo's new applications are components of the Opics range of software modules developed by the Frustum Group.

Opics runs on PCs under various flavors of Microsoft Corp.'s Windows in a client/server architecture. Wells Fargo plans to use the

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