Teknekron And Sun Win 700 Positions At Chase; Reuters Drops Back A Notch In Trs Sweepstakes
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Chase Manhattan Bank has selected Teknekron Software Systems Inc. and Sun Microsystems Inc. to provide it with a trading room platform for some 700 users in New York and London. The decision follows more than two years of evaluations by the bank, culminating in the dissemination of a series of requests for proposal this spring. The runner-up in the data distribution and workstation software race was Reuters.
For those who keep score, Chase's decision seems to have given Teknekron a leg-up on
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