ADP Rolls Out K2, A New Data Terminal; Targets Institutions


ADP has finally launched the institutional version of K2 in Europe, and has plans to do the same in the US on April 25. A retail version is due in September. K2 will eventually include functionality from ADP's Merrin Financial unit and other segments of the vendor's business, as ADP attempts to tie together all the loose strings it has acquired in the last few years into a single, competitive product line.

With the launch of K2, ADP will lean on its strengths in the field of data processing--an

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