Reuters to Obsolete TIB, Triarch Platforms

TRADING FLOOR TECHNOLOGIES

NEW YORK-- Reuters has begun the process of making obsolete the TIB and Triarch market data distribution platforms in a bid to move customers to its next-generation Reuters Market Data System (RMDS).

The market data and financial technology provider has begun informing customers that the TIB and its related products will move into "active obsolescence" in the third quarter of this year and it will do the same with Triarch by the fourth quarter, Reuters officials confirmed last week.

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