Great Expectations For Shark/DBC, And New Barracuda

THIS WEEK'S LEAD STORIES

As expected, bankrupt Financial News Network Inc. (FNN) last week made public an ambitious reorganization plan for its market-data subsidiaries, including Shark Information Services Inc. and Data Broadcasting Corp.

The plan reveals a revamped Shark marketing strategy that aggressively targets regional retail brokerage firms with a new service called Barracuda. Though Shark made some inroads among retail brokers prior to the bankruptcy filings, its strength has to date been among high-end equities

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Waters Wrap: The tough climb for startups

Anthony speaks with two seasoned technologists to better understand why startups have such a tough time getting banks and asset managers to sign on the dotted line.

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