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As reports–confirmed but not official–circulated at press time that treasury software giant SunGard Treasury Solutions had struck a deal to acquire rival Integrity Treasury Solutions, treasury managers could feel pretty certain about one thing: In the future, they will be dealing with fewer, larger providers of treasury software offering deeper, although perhaps less plentiful, product lines. “Treasury software providers are consolidating in an unusual way,” observes Susan Skerritt, New York-based partner of Treasury Strategies Inc. “Providers, not products, are being merged. Over time, there will be fewer, broader products.”

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