Strategy Spat With Reuters Leads Effix Execs To Exits
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Differences of opinion over future development directions between Reuters and its Paris-based software development subsidiary Effix Systemes S.A. have led to the departure of a number of senior personnel at the French company, including Francis Lancan, Effix's sales manager. According to sources, the heart of the differences is centered on Reuters' plans for the future development of the Kondor+ risk management application, with which Lancan was closely involved. Lancan, who left the company two
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