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TECHNOLOGY NEWS

CLS ON TRACK TO LAUNCH IN OCTOBER

Continuous Linked Settlement is on-target for its planned launch in October - subject to review by the new management team at its holding company, CLS Services in London.

A spokesman for the company says results of the review will be available next week, but the initiative as a whole is going from strength to strength. The launch has been delayed by one year from problems with software and regional settlement systems.

CLS aims to take the risks out of settlem