Burned By Mead, Thomson Buys Ziff Unit; And, Separately, Shifts CDA Product To TFS

MARKET DATA & NEWS

Thomson Corp., fresh from its failed attempt to buy Mead Corp.'s Lexis and Nexis data systems (IMT, Oct. 14), has nonetheless found a backdoor entrance into the world of online business information through Ziff Communications Co.'s Information Access Co. Meanwhile, its Thomson Financial Services Inc. (TFS) unit has been busy shoring up its investment management business, by stepping up the marketing of its so-called Paragon investment management software product, which was first released late

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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