Reuters is offering to cut deals to attract new clients and encourage existing ones to move to its new platforms, says a market data manager in New York. At the same time, the vendor is raising the prices of a number of domestic data services and legacy systems, according to sources at several financial services firms.
Reuters is reportedly making special deals to attract clients of competing vendors, the executive says. He believes that Reuters will be "very flexible" in cutting deals with
Bill Murphy, CTO of Blackstone, once again joins the podcast to discuss the private equity firm's new offices, designed to house its innovations team.Subscribe to Weekly Wrap emails