Thomson Plans Second Moneyline Investment and Fixed Income Product Initiatives


NEW YORK--Thomson Financial intends to build up its organization to a level that will enable it to become a viable contender with Reuters and Bloomberg. A series of related initiatives--including another possible investment in Moneyline as well as product initiatives and integrations--are converging to form the vendor’s strategic blueprint.

Thomson recently approved a cash investment for equity for a minority stake in Moneyline (IMD, May 28), and Pat Tierney, Thomson Financial president and c