In Brief, September 13, 2010

Logica signs up two CLS clients
Logica has signed up two unnamed clients to its CLS Manager system (LCM) to control, reconcile and automate CLS trade activity. LCM enables banks to input and track trades on the CLS system, while also calculating currency positions and providing full transparency over liquidity. The additional clients bring the total users of LCM up to 14 CLS member banks, including Credit Suisse, Danske Bank, Nomura and SBSA. Together, its users process approximately 45% of daily

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