CIBC, Citi Take ReutersPlus


CIBC and Citigroup have both signed contracts for Reuters Plus, Reuters officials confirmed last week.

CIBC is taking more than 3,300 positions of Reuters Plus for its retail brokers and support staff, the vendor says. A source says it is due to go live this fall in all of CIBC’s Canadian offices.

The installation replaces a system from Starquote, which is now owned by Thomson Financial.

When questioned about the CIBC deal during Thomson’s results call, Thomson Corp. president and CEO Richard

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