CRÉDIT Lyonnais Securities has selected Wilco International's Gloss securities settlement system for its expanding New York-based capital markets division.
Lyonnais will use Gloss as a multi-currency clearing and settlement system for its international equity operations.
Gloss will furnish the securities house with opportunities to address and reduce operational risk, according to a Wilco spokesperson.
New York-based Crédit Lyonnais Securities is the North American broker/dealer subsidiary of th
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