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Swiss Bank Study Finds Reduced Processing Costs At Major Banks

BANKS

In Swiss Bank Corporation's (SBC) second "forex benchmarking study," it found that the 14 participating banks were able to significantly reduce processing costs of foreign exchange transactions since the first study was conducted in late 1992.

The data collection period for the 1994 study was the first quarter of 1994 and was conducted by Benchmarking Technologies International, the business process evaluation unit of SBC. The first survey was based on data collected during the third quarter of

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