ComStock-GTIS Combo Takes Aim At Reuters, Bloomberg
ORGANIZATION & STRATEGY
GTIS (Global Treasury Information Services) Corp., the treasury datafeed provider owned by Interactive Data Corp. (IDC), is to be officially dissolved and its operations integrated into the ComStock business. Officials say the resulting business will be better placed to compete with Reuters and Bloomberg for market share.
Mark Hepsworth, ComStock's European managing director, says the vendor wanted to move quickly to integrate GTIS because ComStock is increasingly seeing demand for GTIS' data as
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