IBM, Reuters Bid On TFM GSTPA

SPECIAL REPORT

NEW YORK--While the days dwindle down to a precious few, one of the final four consortia in the bid to build the GSTPA's Transaction Flow Manager, consisting of the Reuters, IBM, Equant, aren't shy about saying that they think they have it nailed. A source outside the consortium told ITT that they have the inside track at this point. A competing consortium headed by S.W.I.F.T. is being hamstrung by the division of labor on its TFM teams on one hand, where there will be two separate groups

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