Kore Readies Service for Exchange Software Updates

VENDOR UPDATE

FRANKFURT--Kore Systems, a recently formed financial technology vendor based near Frankfurt and focused on the German markets, will next month launch an outsourced system for managing software updates on Deutsche Boerse-related exchange systems.

The system, Kore.Net, is already in pilot tests at two sites--an Amsterdam-based broker with 13 traders connected to Euronext, Xetra and Eurex, and another small broker with seven traders in Dusseldorf connected to Xetra and Eurex, according to sales and

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