Net Exchange Re-Markets
VENDOR UPDATE
SAN DIEGO--Net Exchange, the deal-optimization software vendor selected by the Pentagon to build the short-lived Policy Analysis Market (Risk Magazine, August 2003), will re-market the software to other vertical industries, including financial services.
Net Exchange, which also developed State Street's Bond Connect (Institutional Trading Technology, June 26, 2000), received "less than $1 million" from the US Department of Defense's Small Business Innovation Research (SBIR) program to develop the
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