ABN Simplifies Bills

ADMINISTRATION AND MANAGEMENT

ABN Amro in the Netherlands has achieved its goal of making invoices from Reuters simpler and more transparent and is introducing the method and changes to ABN offices in other countries, Lars Bruinsma, the bank’s global market data manager, tells Inside Market Data.

Bruinsma, working with Reuters, embarked on the project six months ago to decrease the number of products listed on the Reuters invoices to the bank (IMD, Sept. 2, 2002).

He says Reuters tended to register and invoice "every nut and

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