Chase Manhattan Readies RFI For New York Trading Room
TRADING ROOM NETWORKS
Chase Manhattan Bank plans to issue a request for information (RFI) to vendors this month in a search for a new UNIX-based digital data distribution system to support between 400 and 500 traders in New York. Sources say the deal is worth about $10 million to the vendor or vendors that eventually land the business.
The decision to move forward with the RFI sets the stage for the replacement of the CP Technology Inc. data distribution system that has been in use at Chase since 1988 and which is now
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