First Albany Replaces In-House Ticker With Beta Systems Quote Service
THIS WEEK'S LEAD STORIES
First Albany Corp. has begun installation of Wisconsin- based Beta System Inc.'s Betaquote service for its 300 brokers in 28 branches, abandoning its six-year-old in-house ticker plant. The ticker plant was served by a PC Quote Inc. data feed.
The retail brokerage firm decided to dismantle its in-house price distribution network about 18 months ago, says Frank Traylor, vice president of MIS at First Albany. "We have branches throughout the Northeast where we have to maintain the hardware and
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