Wachovia Delivers with RIXML


Wachovia Securities is close to signing up its first client for its RIXML-tagged equity research service, says Gwen Moertel, Wachovia’s head of IT. The firm hopes to persuade clients to take its research directly rather than through aggregators.

"We are working with one client, running some trials and are about 75 percent of the way there," says Moertel. "It’s just a matter of time."

Clients have to install RIXML to use Wachovia’s new service. To encourage that, the firm is offering to install

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