Bankers Trust Evaluates Responses To RFI; Effort May Lead To A Global Bidds Replacement
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Bankers Trust Co. is evaluating responses to a request for information (RFI) it disseminated to a number of digital data distribution platform vendors, with a view to determining whether now is the time to replace its homegrown Broadgate Information Distribution and Display System, known as Bidds. Bidds supports the majority of Bankers' 1,750 traders worldwide.
Sources say that Bankers is in the process of holding a so-called bidder's conference, which means all the vendors that responded to the
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