City National Bank has completed the installation of a PC-based investment system that provides real-time updates and account information at individual workstations for its Treasuries operation.

The system, developed by Mimics Inc., allows the Miami-based bank to handle all aspects of its Treasury market trading and settlement operation while also providing the tools to track the securities and process variable and fixed federal fund rates through 486-chip personal computers linked to a local area network, said Carl Day, senior vice president.

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