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Giant thrift outsources.

Giant thrift outsources

Giant thrift outsources. A $19 billion savings bank is planning to outsource its data processing and telecommunications operations to Systematics, Inc., Little Rock, Ark. California Federal Bank is among the largest financial institutions to choose outsourcing as

a way to manage and control costs associated with back-office operations. The bank will use Systematics' branch delivery systems and integrated financial software. California Federal has 193 offices in California and four other states.

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