Bear, Stearns Begins 'Controlled Rollout' Of Push-Based Distribution System For Client Clearing Applications


NEW YORK--Bear, Stearns has gone into a "controlled rollout" of a new system to ease software distribution to its correspondent clearing customers who will be able get updates for their clearing applications via Java-based browsers and push technology from Marimba, says Bill Moss, managing director for IS at the New York-based investment bank and brokerage firm.

The firm plans to apply the "more configurable" Marimba push technology to about 15 clearing applications that will become available via

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