ADP's Merrin Pushes Into Europe; Prudential, Gartmore First To Buy
VENDOR STRATEGIES
Merrin Financial has begun to push its Financial Trading Platform in Europe by signing two deals with leading fund management operations. Sources say that Prudential Portfolio Managers (PPM), the UK-based fund management subsidiary of the Prudential Corporation with £85 billion in assets under management, and Gartmore Fund Managers, a unit of the National Westminster Bank, with £57 billion under management, have both signed up for the system.
Officials at PPM and at Gartmore decline to comment on
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