Bloomberg Shelves Classic Confirms Move To Open Systems

DELIVERY TECHNOLOGIES

NEW YORK: Bloomberg has set a deadline for customers of the Bloomberg Classic to migrate to Open Bloomberg via a router. Although the company has been discouraging customers from installing the Classics for some time, this is the first time an official deadline has been set.

Letters, signed by Mike Bloomberg, have been sent out to users to alert them to the deadline, which has been set for Sept. 30, 1999.

The deadline offers plenty of advanced warning to customers but comes at a time when IT

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Waters Wrap: The tough climb for startups

Anthony speaks with two seasoned technologists to better understand why startups have such a tough time getting banks and asset managers to sign on the dotted line.

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