Alliance & Leicester Take On Summit System

NEWS

LONDON--UK bank Alliance & Leicester is to install US software company Summit's front-to-back office treasury trading and risk management system, the bank announced last week.

The first phase of the implementation will be towards the middle of this month, and is scheduled to be rolled out initially for Alliance & Leicester's internal treasury activities.

Alliance & Leicester currently uses multiple front office systems, developed both in-house and provided by other software companies,

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