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UBS Triarch Advocate Togni Leaves Market Data Post

MANAGEMENT AND STRATEGY

Union Bank of Switzerland vice president of market data Ivano Togni has left the bank. The departure of Togni -- a high-ranking member of the New York branch of the bank's so- called dedicated market data group -- raises questions about the future of Reuters' Triarch 2000 digital data distribution system at UBS' offices in New York.

In a previous interview with TST, Togni said that UBS was scheduled to begin a 90-day production pilot of Triarch 2000 at the end of last month and intended soon to

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