IDD Information Services New News Mgmt. System Emerges From Betas At Chemical Bank

MARKET DATA & NEWS

INVESTMENT firms shopping for news management software may increasingly find themselves beset by a new contender. Last month, the so-called Investment Dealers Digest News Management System completed its rollout at Chemical Bank in New York City, following 15 months in development and beta tests. The application--which is being marketed by IDD Information Services Inc.--distributes consolidated news feeds from a Unix-based server to desktop PCs, allowing some 200 of Chemical's investment bank

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