Thomson Financial Revamps Two Units

VENDOR UPDATE

NEW YORK—Thomson Financial is rearranging two of its business units to create two new organizations, according to a Dec. 15 internal memo obtained by sibling newsletter Inside Market Data.

In the memo, CEO David Shaffer and president and COO Sharon Rowlands say that the changes reflect market trends, such as the convergence of institutional markets and retail wealth management, as well as Thomson's own activities during the year. The latter includes a number of acquisitions but also improved

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