MILWAUKEE - M&I Data Services has been awarded a contract by Puerto Rico's largest bank to license customer information software.

Banco Popular de Puerto Rico, which has over $10 billion in assets, will install M&I's Customer Information System software, which runs on International Business Machine Corp. mainframe computers.

The bank plans to install the software and convert 2.5 million customer accounts within the next year, M&I officials said, adding that the bank also has licensed software for designing and customizing its client account statements.

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