Commonwealth Makes TDPF Main Feed, Drastically Reduces Use Of Reuters' SF+
MARKET DATA
Commonwealth Bank of Australia has made Dow Jones Telerate its main source of news and market data worldwide and has significantly reduced its reliance on Reuters. The replacement of Reuters' data with Telerate's is part of an ongoing world-wide review and rationalization of the bank's information services designed to generate cost savings and IT efficiencies.
"In order to evaluate the alternative solutions, we focused on price/quality trade-offs, and the ability of each to meet the needs of our
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