First Chicago Corp. has signed up for a securities processing and accounting system from SunGard Financial Systems to be installed early next year.

The banking company will migrate from the 10-year-old mainframe in its capital markets unit to a client/server system in the first quarter of 1996. The new trading system, called Global Securities Manager, will support the bank's trading in government bonds, municipal bonds, repossession and resale agreements, and money market instruments.

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