Lloyds TSB Registrars licenses City Networks for reconciliations

Lloyds TSB Registrars licenses City Networks for reconciliations

Lloyds TSB Registrars has purchased City Network's CityNet cash reconciliation (Cars) module and will roll the system out to users at its UK offices.

The module will be used for single company ISA's, share dealing, cash ISA and equity reconciliations.

Brian Spickett at Lloyds TSB Registrars, says the product "most closely met our requirements and we were particularly impressed with the excellent GUI interface."

The application will replace an existing system and implementation is already underway.

City Networks says it has made progress in the reconciliations market over the past 18 months, gaining new name customers in a number of different vertical markets.

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