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New Permissioning System From Reuters Live At CIBC

MANAGEMENT AND STRATEGY

The New York City trading operation of Canadian Imperial Bank of Commerce has gone live with Reuters' new Triarch 2000-linked data permissioning system. CIBC began internally testing the so-called Data Access Control System (Dacs) over a month ago and for the past two weeks has relied on the system full-time. Dacs is an upgrade of Reuters' earlier- generation User Validation and Permissioning (UVP) system, which is also a Triarch 2000 application. According to a CIBC spokesperson the New York

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