In Brief: Fifth Third Using Software from SunGard

SunGard Data Systems Inc. of Wayne, Pa., announced Wednesday that Fifth Third Bancorp is using its Kiodex Risk Workbench risk management software in its commodity trading business.

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SunGard said that the $100.7 billion-asset Cincinnati banking company is using the system to provide indicative quotes for customers, track trades, and monitor changes made to trades.

SunGard also announced that Lehman Brothers has renewed its license to use Kiodex for valuation of its commodities derivatives.


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