BTRS Fate Hangs in Balance; Bidding Goes On; Moneyline Makes an Offer
DATA DISTRIBUTION PLATFORMS
NEW YORK--The fate of Bridge Trading Room System (BTRS), the second largest data distribution platform provider after Reuters/Tibco, hangs in the balance, as the bidding for Bridge Information Systems’ assets spilled over into Friday.
If Moneyline, one of the first firms to bid for the Telerate business, succeeds in its efforts, it will provide continued support for customers that use the BTRS platform as part of the Telerate business, officials there confirm.
However, Moneyline is not the only
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