Ark Asset Makes Some Moves Swaps Telekurs For Reuters, Extends MV Link To Equities

TECHNOLOGY STRATEGIES

NEW York City-based Ark Asset Management Co. is switching data feeds--dropping Telekurs (North America) Inc.'s Ticker in favor of Reuters Holdings PLC's Marketfeed 2000. According to Ark's senior technology manager, Paul Cucurullo, Ark is scheduled to cut over to Reuters by June 1, a move that will affect some 25 "high-powered" users at the firm's 1 New York Plaza headquarters. The decision to change digital feeds precedes by about a month the initiation of beta tests of Market Vision Corp.'s MV

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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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