Fortis Bank Picks TRS Over RMDS
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BRUSSELS—Fortis Bank is shooting for big cost savings by standardizing its market data distribution platform on Telerate's TRS platform following a two-year analysis and a comprehensive three-month testing period.
Fortis is also bucking a trend by not migrating to the Reuters Market Data system (RMDS) from the legacy Reuters TIB and Triarch platforms.
The five-year deal, for an undisclosed sum, will see the bank migrate a mix of disparate platforms currently used in multiple locations to a single
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