02/02/04

BRIEF OBJECTS

FHLB TAKES SUMMIT PLATFORM

Summit Systems officials last week said that the Federal Home Loan Bank (FHLB) in Boston will install the Summit system to manage the bank’s investment and funding portfolios along with its associated hedging activities. A phased rollout will be conducted with the assistance of Summit’s Consulting Services Group, to conclude in Q4 2004. The new integrated software platform will provide a real-time straight through processing (STP) environment that includes comprehensive

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