03/24/2003
INSIDER
• For all the vendors who were champing at the bit to respond to UBS Warburg’s request for information (RFI) for a global amortizing bonds trading system late last year (TTW, Jan. 20), sorry folks, game over. Two independent sources have confirmed to Insider that the bank--after dancing with all the usual suspects among trading systems suppliers--has decided to internally develop the system after all. Better luck, next time. Of course, UBS Warburg officials decline to comment on the matter.
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