Westpac To Rethink Of OS/2, DR-One; Buys Micro's Marketlink Interface

DEALING ROOM SYSTEMS

Sydney-based Westpac has set plans to re-evaluate its dealing room architecture--including the IBM OS/2 operating environment and Midas-Kapiti International's DR-one digital data distribution platform, which it has used for seven years. Under those plans, the bank expects to make a decision as to its future direction around the end of this year. Against this backdrop, Westpac has recently opted to buy software from MKI rival CSK Micrognosis to handle its contributed rates, a step that doesn't

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Where have all the exchange platform providers gone?

The IMD Wrap: Running an exchange is a profitable business. The margins on market data sales alone can be staggering. And since every exchange needs a reliable and efficient exchange technology stack, Max asks why more vendors aren’t diving into this space.

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