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SunGard Securities Processing, an operating group of SunGard (NYSE:SDS), announced today that Banca IMI Securities Corp. and Credit Lyonnais Securities (USA) Inc. have each signed multi-year contract extensions to continue using SunGard's Phase3 securities processing system and related clearance and settlement solutions. Both firms are global institutional broker/dealers that use Phase3 for U.S. and international equities and fixed income operations.