CIBC Turns On Reuters Dacs For N.Y. Traders


The New York City trading operation of Canadian Imperial Bank of Commerce (CIBC) has gone live with Reuters' new Triarch 2000-linked data permissioning system. CIBC began internally testing the so-called Data Access Control System (Dacs) over a month ago and for the past two weeks has relied on the system full-time. Dacs is an upgrade of Reuters' earlier-generation User Validation and Permissioning (UVP) system, which is also a Triarch 2000 application. According to a CIBC spokesperson, the

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