Fracture Of Pact With SDC Chills Telekurs' Risk Plans
PRODUCTS AND VENDORS
Plans by Telekurs to build a significant business in the supply of derivative risk-management applications have effectively been put on hold following the collapse of an exclusive marketing agreement with Chicago-based Systems Development Corp. (SDC).
Officials at SDC confirm that Telekurs' agreement has reverted to non-exclusive status as a result of the Swiss data vendor's lack of performance since the five-year agreement was signed in April 1992. Jeff Max, vice president of marketing at SDC
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