IBM and Inssinc: IBM is installing a new front-to-back office treasury management system at its corporate headquarters in Armonk, New York.

The system is being supplied by New Jersey-based vendor Inssinc. It will manage the computer giant's forex, debt, swaps, options and money market exposures, says an Inssinc spokesperson.

Summit at Deutsche: Deutsche Morgan Grenfell, the investment banking subsidiary of Deutsche Bank, has selected New York-based Summit Systems to supply its worldwide

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