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TECHNOLOGY NEWS

Dixons and Mn Services take SimCorp for treasury

UK electrical retailer The Dixons Group is now using Copenhagen-based SimCorp’s IT/2 treasury management systems for its central corporate treasury in England, the Isle of Man and Norway.

Dixons said it needed a system for long-term support. "We had to be confident the system would grow to meet the requirements of our ever-changing business," said assistant treasurer Matthew Hurn at Dixons in the UK.

Separately Netherlands-based investment firm