Telerate's Advanced Factor Services Fights Reports Of Demise

THIS WEEK'S LEAD STORIES

Reports are circulating that Telerate Systems Inc. has lost patience with its Advanced Factor Services (AFS) and may now be ready to restructure its proprietary mortgage-backed data group or even shut it down. But within Telerate, AFS has its defenders, starting with founder and present head Gordon Monsen, who brought the idea of AFS to Telerate more than two years ago.

AFS provides prepayment trend information by coupon for government agency securities. The service was launched by Telerate in

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