Corrections: Desktop Data's Newsedge news engine and filter is not replacing ADP's Investment Software System's unit's news engine on Merrill Lynch's broker desktops--because ISS's news engine was not installed there. Newsedge replaces an old news processing engine from ADP, not ISS. An article in the last issue of IMD incorrectly stated that Newsedge was replacing ISS's news engine.

Ray Underwood's new title at Standard Chartered in Southeast Asia is technical services manager in the informa

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