Reuters Hustles To Overcome TCS Snags At Smith Barney
MANAGEMENT AND STRATEGY
To accommodate a sudden onslaught of traders inherited from Lehman Brothers Inc., Smith Barney Shearson Inc. has hastily rolled out the Terminal Cluster Server (TCS) user- interface option of Reuters' Triarch 2000. While the system was rushed into operation in six weeks late last year, the project did not go off without a hitch.
According to sources both within and outside the firm, the system now supports about 100 Smith Barney mortgage-backed securities traders at the Avenue of the Americas
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