Nomura To Replace Mips With Triarch 2000 By Mid-Year, Citing Data Flow, API Glitches
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Nomura Securities International will replace CSK Software's Mips digital data distribution system with Reuters' Triarch 2000 and Kobra display software at its 200-position New York fixed income trading floor at 2 World Financial Center over the next six months.
A Nomura spokesperson declines to comment on the platform switch. But a source at the firm says: "Mips simply didn't work," adding that "there were repeated and unexplained data flow interruptions. The application programming interface was
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