Lehman, PaineWebber Hold Steady With Micrognosis Platforms

MANAGEMENT & STRATEGY

Following continuing reports of CSK's dramatic deemphasis of the trading room platform business of its Micrognosis unit (TST, November 25), two major Micrognosis users--Lehman Brothers and PaineWebber--say they plan to stick with the vendor's systems. CSK has gradually shifted the bulk of its trading room technology efforts to its newly renamed CSKSoftware Group--a company which now runs what remains of Micrognosis.

Lehman has for many years been a user of a wide range of Micrognosis technologies

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