IBM And Wilco Link To Market Gloss Settlement System

INFORMATION TECHNOLOGY

WHITE PLAINS, NEW YORK -- Computer technology giant IBM will provide sales and integration services for Gloss, the securities processing and settlement system produced by financial software firm Wilco International.

The two companies say they have agreed an advanced business partnership under which Wilco will continue to develop and market Gloss.

Wilco’s Gloss will provide the back-office securities processing and settlement component of the IBM Straight-Through Processing (STP) Workbench for

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