Merrill-Thomson Project Forges On
FRONT PAGE: OUTSOURCING
NEW YORK--Merrill Lynch and Thomson Financial officials say their much-publicized wealth management platform deal is still alive, despite news of delays, as reported first in sibling publication Inside Market Data Tues., Jan. 13.
Sources say that because of the delays, Thomson has not received any significant payments from the $1 billion Merrill Lynch Wealth Management Technology Platform project after a year’s worth of work. Thomson officials decline to comment, saying that any financial issues
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