Thomson Is Back in Merrill TGA Hunt


Thomson Financial is back in the hunt as a potential outsourcer to replace Merrill Lynch’s Trusted Global Advisor (TGA) retail broker platform. That makes it a two-way race between Thomson and Reuters, according to industry sources.

Just a few weeks ago, Thomson, along with Bloomberg, was out of the running for the $1-1.5 billion, five-year deal, and Merrill was negotiating exclusively with Reuters (IMD, Sept. 23).

However, Thomson, the incumbent market data supplier for TGA, got itself back

To continue reading...