IFG To Install 2,000 ILX Terminals, Dropping ADP'S FS One

THIS WEEK'S LEAD STORIES

Inter-Regional Financial Group Inc. has decided to drop Automatic Data Processing Ltd. as its branch office brokerage workstation supplier. Instead, the Minneapolis-based company, parent of Dain Bosworth Inc. and Rauscher Pierce Refsnes Inc., will install almost 2,000 terminals provided by ILX Systems Inc. ILX is a unit of International Thomson Organization Ltd.

The decision is a blow for ADP, whose prized installations at Shearson Lehman Hutton Inc. and Merrill Lynch & Co. have been subject