Sun Microsystems Inc. said Rand Merchant Bank of South Africa is using Sun's Java software development tools, key components of the SunConnect architecture for Web-based financial services.

"Sun software is instrumental in helping us increase the speed and cost efficiency of our in-house development capabilities," said Vincent Coetzee, Rand Merchant Bank System architect. We use in-house, allowing us to support our foreign branches with locally produced software."

Using the tools, Rand can deliver its traders a streamlined set of access applications to price securities and perform complex calculation functions.

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