Merrill Lynch Taps Newsedge To Replace ADP's News Engine

DATA CONSUMERS

Merrill Lynch has added another piece to the Trusted Global Advisor (TGA) pie--signing a deal with Burlington, Mass.-based Desktop Data for that vendor's Newsedge news engine and filter--and has begun rolling Windows NT-based TGA workstations out to about 6,000 of the firm's 25,000 users. The Newsedge engine replaces a news engine supplied by ADP's Investment Software Systems (ISS) unit.

This is the second time ADP has not made the cut to be part of the TGA project. Last year (IMD, January 15