Raymond James Starts Satellite Pilot, Plans RFP In Spring
BROKER WATCH
Raymond James & Associates Inc. has begun pilot testing a satellite-delivered retail quote system, broadcasting services provided by incumbent vendor Quotron to two small branch offices. At the same time, the firm plans this spring to initiate a request for proposal process in search of a new quote vendor.
According to Tim Eitel, Raymond James vice president for information systems, the firm sees satellite delivery as the best way to unify what currently are two distinct networks supporting its
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