RMDS Reaches a Milestone
BEFORE THE SPIN
A milestone has been quietly reached for what has to be one of the longest upgrades in history—the movement of user firms to the Reuters Market Data System (RMDS).
In its financial results made public last week, Reuters officials declared that the RMDS upgrade program is "drawing to a successful close." The vendor began pointing to the RMDS migration path about five years ago and has been working hard to persuade user firms to look beyond their trusted TIB/RV and Triarch installations to the next
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