PowerPartner Faces End Under Reuters

FRONT PAGE: ORGANIZATION & STRATEGY

Reuters has bought the PowerPartner workstation and a majority of the related customer contracts from SunGard Data Management Solutions, Inside Market Data has learned. The deal appears to signal the end of PowerPartner, which once dominated the retail equity market.

Sources say Reuters plans to migrate the PowerPartner customers to its own products, particularly Reuters Plus, after an undetermined period of time. It is unclear what will happen to the PowerPartner customers who remain under S

To continue reading...