April 10, 2001

Royal Bank of Scotland has agreed to procure goods and services using FreeMarkets, Pittsburgh, an online business-to-business tradingservice.

Tokyo-Mitsubishi International, Japan, has installed Sentry, a risk management software product from Algorithmics, Toronto, to manage collateral risk in its derivatives trading.

Bank of Communications, China, has licensed Guo Mao, a Chinese currency trading system, from Harcourt Companies, Los Angeles.

VP Bank, Liechtenstein, has installed the BancWare and Panorama risk management systems from SunGard, Wayne, Pa., for its private banking, trading and asset management businesses.

Westdeutsche Landesbank, Germany, has installed data storage management software from StorageNetworks, Waltham, Mass.

BreBank, Poland, has licensed AXSPoint, a Web-based information reporting tool from AXS-One, Rutherford, N.J.

Commonwealth Bank Group, Australia, has announced its one-millionth online customer.

Banco de Credito, Peru, has licensed RemoteWare, a remote systems management product from XcelleNet, Atlanta, to control software distribution to its branches and ATMs.

Unibanco, Brazil, is using process and content management software from FileNet, Costa Mesa, Calif., to deliver customer information to its front-line employees.