Merrill Lynch Chooses Thomson

ORGANIZATION AND MANAGEMENT

Merrill Lynch has entered into final negotiations with Thomson Financial for an outsourcing contract that will make Thomson the overseer for the next generation of Merrill’s Trusted Global Advisor (TGA) retail brokerage workstation, officials announced last week.

Thomson, which beat out Reuters, is negotiating for a portion of the estimated $1 billion to $1.5 billion five-year contract, say industry sources. The rest of the budget would be allocated to the subcontractors on the project.

If

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