Imnet's first service for Merrill Lynch branch offices will be broadcast consolidation of several Merrill news wires, source says. Equatorial satellite-based service will be optional, but will offer branch managers chance to eliminate cost of current copper-based delivery. "Foot-in-the-door" approach is designed to let branch managers become comfortable with data broadcasting prior to eventual roll-out of Imnet's branch automation system.
ADP Financial Information Services has not yet tested
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails