Banks Test Caplin’s RTW Alternative

DELIVERY TECHNOLOGIES

Four banks are testing Caplin Systems’ new Web-based data service, which is designed to offer an alternative to the Reuters Trader Workstation (RTW). Caplin’s service, dubbed Mongoose, displays Reuters data as well as proprietary and other third-party content within a thin-client environment.

Reuters announced earlier this year that it is putting RTW into care and maintenance mode (IMD, July 29), and clients are being encouraged to migrate to Kobra and 3000 Xtra.

Nigel Glen, CEO of Caplin’s

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