ADP Still Reaching For Buy Side, With Prime Partner

DELIVERY & DISPLAY

Looking to expand its presence in the institutional marketplace, ADP has launched a new Microsoft Corp. Windows- based quote terminal service combining the core of its flagship FS Partner service with certain user-interface characteristics of its newly acquired Market Max platform. The plan raises questions about ADP's future maintenance of Market Max -- which runs on Apple Computer Inc. Macintosh processors and supports a user base of about 1,000 retail brokers and buy-side traders. The debut

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Banks seemingly build more than buy, but why?

Waters Wrap: A new report states that banks are increasingly enticed by the idea of building systems in-house, versus being locked into a long-term vendor contract. Anthony explores the reason for this shift.

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