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Crédit Lyonnais opts for SunGard STP solution

Crédit Lyonnais Securities (US) has implemented a straight-through processing (STP) solution from SunGard to manage real time trade messaging for US and foreign securities.

The solution is based on STN Settlements, an automated clearing and settlement service from SunGard Securities Processing, the SunGard subsidiary that provides real time clearing, settlement, accounting and operations workflow solutions for broker dealers, banks and futures brokers.

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