Kidder Taps A-T Financial For 100 Investment Bankers, Researchers: What About ADP?
BROKER WATCH
Kidder Peabody & Co. is installing A-T Financial Information Inc.'s market data display software on more than 100 desks throughout its research and investment banking areas in New York. A-T's gain comes at the expense of ADP, which this summer inked a six-year agreement to be the sole provider of market data services to the firm's 2,500 retail brokers.
With beta testing in five branches scheduled for January and rollout to commence in March, Kidder plans to have an IBM RS/6000 server-based ADP
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