SE Banken of Sweden said it would install Panorama risk software from New York-based Infinity, a subsidiary of SunGard Data Systems.

Panorama will go into seven SE Banken sites, including Stockholm and New York. Initially, 50 traders and risk managers will use it for market risk measurement and global credit limit management for trading and commercial banking businesses.

Lars Gustavsson, the bank's head of information technology and business development, said the system will give traders "the real-time information they need to optimize capital allocation across counterparties and asset classes."

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