Bank of New York Struts Its Stuff

TRANSACTION SYSTEMS

NEW YORK--Historically known for keeping a low profile, the Bank of New York did an about-face by hosting its first "Tour of Technology" last Wednesday.

Thomas Renyi, the bank's chairman and CEO, advertised the financial institution as a "behind-the-scenes enabler, with the widest array of securities services of any institution in the world."

Over the past several years, the bank has transformed itself from a stodgy, old-line, branch-oriented commercial bank to an industry powerhouse in

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