Datamonitor Cans Researchsummary

FRONT PAGE: ORGANIZATION & STRATEGY

Research company Datamonitor has shut down Researchsummary, the RIXML-enabled broker research aggregator that it took over last year, Inside Market Data has learned.

Datamonitor closed the unit last month, laying off its manager, Des Quilty, along with head of development Phil Hicks and an unnamed assistant.

The company acquired the assets of Researchsummary, which went into liquidation last April, only nine months ago (IMD, June 9, 2003).

Quilty says he was told of the decision in early March

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