It seems I may have understated ADP's desire to focus on core business earlier this summer, when I suggested that the company was seeking to sell Global Treasury Information Services. Since then, high-level market data executives have been licking their lips in anticipation of a greater prize: the Information & Processing Systems (IPS) division itself.

Talk of a major-league selloff of ADP's front- and back-office systems unit began in mid-summer. Then, word hit the street that the company wa

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