Possible FISD Rival Gets ADP To Sign Up; Sets Events For 1Q96

VENDOR STRATEGIES

A number of market data bigwigs are in the process of forming a consortium -- called the Financial Information Forum (FIF) -- that is being positioned as an alternative to the Information Industry Association's Financial Information Services Division. The consortium -- which hopes to attract as its members vendors, securities firms, exchanges, self- regulatory organizations (SROs) and bank professionals -- claims that it will focus less on administrative details than on technological issues.

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