WestLB To Roll Out Sungard Trading And Risk Applications Worldwide

WESTDEUTSCHE Landesbank Girozentrale (WestLB) has signed a global licensing deal with Sungard Capital Markets that will extend the bank's use of the Panorama risk management system, the Devon System and the Devon Forex System to some 265 users worldwide.

The new agreement extends a previous deal to use the Sungard systems at the bank's London-based treasury centre. WestLB will now roll out the applications to staff in New York and Luxembourg. The three systems will also be installed at WestLB's

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