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Lehman Brothers Takes Tibco Middleware and Reuters 3000 Xtra

MIDDLEWARE AND STP

Lehman Brothers has chosen Tibco Software's Active Enterprise (TIB/AE) e-business product suite for its global middleware infrastructure. The investment firm has also purchased 1,500 positions of Reuters 3000 Xtra data delivery product (see Inside Market Data, Oct. 9).

Lehmans will use the Active Enterprise suite to enable straight-through processing, and to integrate a range of disparate business applications such as trading, risk management and settlement. The TIB/AE integration platform

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