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Lloyds TSB Group plc to implement ORTEC's ALM Software.
0 Comments | M2 Presswire, November, 2006
M2 PRESSWIRE-7 November 2006-ORTEC: Lloyds TSB Group plc to implement ORTEC's ALM Software(C)1994-2006 M2 COMMUNICATIONS LTD RDATE:07112006 Lloyds TSB Group plc (LTSB) has successfully implemented the Asset Liability Management software for Pension Funds (PALM) from ORTEC. The software enables the Group to conduct comprehensive risk analyses of its employee pension schemes.
These risk analyses will be used for corporate pension risk assessment and to support the schemes and LTSB in formulating effective long-term investment strategies. LTSB had licensed the system earlier this year after a thorough evaluation of the available ALM systems. The Group was looking for a supplier offering extensive market risk and inflation modelling expertise. ORTEC offered...
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