Chase Manhattan Deploys Reuters' Kobra In New York After Reuters Battles IBM And Newcomer SPNC
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NEW YORK--Chase deployed Reuters' Kobra object-oriented front-end to traders' desktops in New York last Monday, industry sources say. Chase and Reuters officials decline comment upon the deployment.
The actual number of traders who got Kobra is not known, but it is likely to be in the hundreds.
Since the Chase/Chemical merger was completed in December 1995, the plan for traders has been to put 900 of them in one location. The recent relocation is part of the bank's consolidation efforts (Trading
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