TRG Licenses DART Terminal Usage Tracking Capabilities from Vela

Under the deal, TRG will sell Vela's DART Terminal Usage Analytics tool, though Vela will continue to provide support services and ongoing development.

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Originally developed by Harco Technology, which was acquired by Wombat Financial Software and merged into NYSE Technologies before being spun out and sold to then-SR Labs (which rebranded as Vela), DART provides in-depth usage tracking for data terminal products. TRG’s ResearchMonitor service provides a similar usage tracking capability for web-based subscription content.

TRG plans to integrate DART with its FITS inventory management system, and the InfoMatch spend and contract management

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