Louisville's Hilliard Lyons Prepares To Issue 300-Position RFP

THIS WEEK'S LEAD STORIES

The brokerage firm of J.J.B. Hilliard, W.L. Lyons Inc. of Louisville, Ky., will seek bids from quote-system vendors as part of its plan to upgrade from its five-year-old installation of Automatic Data Processing Inc.'s FS Plus service. The winning bidder will come away with upwards of 300 retail-broker positions at 48 branch offices.

Hilliard Lyons' director of information systems, Carl Miller, says that the firm's contract with ADP expires in 1993. He declines to be more specific. Between now

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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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