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Rolfe & Nolan to manage middle office for Lehman Brothers

Rolfe and Nolan, which develops solutions for financial institutions, has signed an agreement with Lehman Brothers to provide foreign exchange facilities management services to the bank.

The agreement covers all middle-office functions for Lehman's FX business, including the confirmation, matching and netting activity conducted on Compaq Alpha systems, for which Rolfe & Nolan will assume all technical and operational responsibilities.

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