Smith Barney Has New Tech Unit To Contend With: Travelers Creates Travtech To Centralize Telecoms
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Smith Barney Inc. parent Travelers Inc. has formed a new unit to provide voice and data communications services -- including trading room market data distribution systems support and hardware leasing -- to the entire Travelers Inc. corporate organization. The new unit has been dubbed Travtech, for Travelers Technology Services.
At the helm of Travtech will be Smith Barney executive vice president Rich Witenberg. Witenberg will lead the group's efforts to consolidate all of the separate
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