In Latest Reorg, ADP Sets Sights On Institutional Biz

VENDOR STRATEGIES

Effective July 1, Jim Lascelles joins ADP from Bridge Information Systems Inc. and Bob Barsky from Smith Barney, Harris Upham & Co. The two will play key roles in a newly reorganized structure of ADP Brokerage Information Service Groups' Financial Information Services unit.

Among the goals of the reorganization is to focus the vendor's aim at the institutional markets. It is also meant to position ADP to pursue opportunities in the derivatives data market -- for which the vendor is now consid

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