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As IMD was going to press, Primark announced that it had agreed to acquire Baseline Financial Services for $40 million from Bowne & Co. and the company's founder, Robert Patterson. Baseline provides 450 investment management firms in North America with historical and fundamental information on over 7,000 US companies. The deal follows the announcement that Primark had acquired UK equity quote provider ICV and forged a joint venture alliance with Dow Jones (IMD, November 4).

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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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