IS.Teledata Turns to Institutions
ORGANIZATION & STRATEGY
IS.Teledata, the new market data vendor formed from the merger of IS Innovative Software and OnVista Technologies, is entering the asset management and private banking arena to counteract falling sales in the retail segment in Germany.
The strategy was unveiled after OnVista and IS Innovative Software hareholders approved the merger at the end of last month. Until now, the two companies have concentrated on providing websites for retail banking and brokerage firms.
IS.Teledata will begin its
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