Paribas Picks TIB/RV

NEWS RETRIEVAL

Following a hostile takeover by Banque Nationale de Paris, Paribas (http://www.paribas.com) has decided to deploy Tibco's (http://www.tibco.com) TIB/Rendezvous (TIB/RV) for 1,980 trading positions globally, say sources close to the firm. Paribas has trading floors in Paris, London, New York, Tokyo, Singapore, Hong Kong and Frankfurt. Besides TIB/RV, Paribas evaluated Reuters' Triarch 2000 platform and the incumbent systems from Midas-Kapiti International (http://www.midas-kapiti.com). The TIB/RV

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