03/31/2003
BRIEF OBJECTS
SOCX TO CONTINUE MINUS DEUTSCHE
Deutsche Bank and treasury trading systems vendor Wall Street Systems (WSS) will this week officially end their joint control over Socx, an outsourcing service for trade processing. Last month, WSS announced that it would be acquiring Deutsche’s 50 percent share of the Socx joint venture; Deutsche had been the venture’s sole customer.
Neither WSS nor Deutsche Bank officials would comment on the financial arrangements or whether Deutsche would take back any former
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