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Greg Weigard, assistant treasurer at Air Products & Chemicals Inc., based in Allentown, Pa., faces a risk that many treasury managers are wrestling with these days: technology vendor survival. For Weigard, the question of which provider will make it in a tough market is particularly timely since his company needs to replace its four-year-old treasury workstation–a product of now-defunct provider Integrity, which last March became a victim of the merger craze in treasury technology. “We have to make a change, probably this year,” Weigard says. “We need more functionality, but we also need a vendor who will be around, so it’s a little unnerving to have all this merger and acquisition activity.”

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