London--Paul Simion has left Paribas' IT department and started a consulting firm called Ftrade.
Ftrade will concentrate initially on consulting projects dealing with new technologies, e-commerce and real-time data for global trading rooms, Simion tells IMD. In the meantime, the company will be developing products such as web-trading tools using Microsoft technology, he says.
Simion believes that there is a "gaping hole" in the transaction products market and that many financial institutions
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