SunGard Asset Management Systems Inc. expanded its international reach with the sale of its Global Plus global custody system to PCI Bank in the Philippines.

The sale is the first for Global Plus outside the United States, Canada, or Japan, according to the unit of Wayne, Pa.-based SunGard Data Systems.

PCI Bank chose Global Plus as part of a recent bankwide technology upgrading. It said it intends to use Global Plus to consolidate trust processing, including employee benefit trusts and investment management, into one system.

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