By Sally Watson, 11 July 2000 15:53
NEWS British financial services giant Prudential Retail Financial Services is preparing itself for the complicated transition to the euro, despite government reluctance to commit to the single currency. The company has launched a comprehensive euro impact report from Sapiens to establish the cost and difficulty of such a move. The Prudential, which employs 10,000 in the UK, claims the project will allow it to react quickly and cost-effectively when the UK joins the EMU. The project follows a successful trial with Sapien's EuroMigration product.
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