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PNC takes SunGard’s BancWare Convergence

Pennsylvania-based PNC Financial Services Group (PNC) is to implement SunGard Trading and Risk Management’s BancWare Convergence product for asset/liability and balance-sheet management. PNC will use BancWare Convergence for total balance-sheet management, including market risk management, financial planning and forecasting.

Kathryn Haynor, vice-president and project manager at PNC, says BancWare Convergence offers complex, multi-dimensional analysis and

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