Infotec Benefits From Cost Cutting Clients


ZURICH, Switz.--Infotec, a market data and technology solutions provider, had a 60 percent increase in sales of its products last year after weaning many banks away from traditional data vendors.

"Banks are looking at cutting down on the cost of providing information to users," says Sid Safa, founder of Infotec. "They are looking at alternative solutions with similar content and functionality. If they have a cost incentive, they have a reason to switch."

Infotec has replaced Reuters, Bridge a