Tokyo-Mitsubishi Automates London Back Office Operations

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TOKYO-Mitsubishi International, the London-based capital markets subsidiary of the Bank of Tokyo-Mitsubishi, has automated its entire back office operations using workflow and imaging technology developed by Optika Imaging Systems, a Colorado-based vendor.

Bank officials say the new workflow system will reduce operational risks involved in trade processing and eliminate paper storage costs.

Martin Higgs, associate director, head of derivatives settlements at Tokyo-Mitsubishi, says the bank has

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