Italy's Banca Akros adopts Corona CLS

NEWS

Banca Akros has been using Corona CLS for six months as part of a switch from manual to automated order matching. It implemented the system to automatically match transaction data between CLS settlement members and to provide an audit trail of all its transactions.

The bank said it chose Corona CLS for its ability to capture all transaction data streams in any format and from disparate systems. Luigi Ceresini, operational risk manager at Banca Akros in Milan said: "Automating our transaction

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