Derivative System Vendors React To Reuters/JP Morgan Deal For Riskmetrics
INTERNET & INTRANET
Industry reaction to the Reuters and JP Morgan agreement to collaborate on development of the latter's Riskmetrics (TST, June 3) has been mixed--according to a survey of leading financial software vendors conducted by Waters Information Services--with sentiments running from enthusiastic to unimpressed. Some vendor officials say the development is good for the industry as a whole, but others say Reuters' involvement in the service is unlikely to lead to major alterations. As part of the deal
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