Reuters Trading Systems Exec Departs After Triarch Fiasco

THIS WEEK'S LEAD STORIES

Reuters Holdings PLC and Mario Rosi, its global product group leader for trading room systems, have gone their separate ways. The break comes in the wake of the recent collapse of Reuters' bid to install its TRIARCH 2000 digital data distribution system at National Westminster Bank (TST, Oct. 9, 1989).

Rosi's departure was expected for some time -- the final straw being the Nat West fiasco, sources say. Revenues at Reuters' Rich subsidiary are said to have gone from about $150 million in 1987 to

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