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DART INSTALLED ON 35TH TRADING FLOOR:
London 22nd September, 2001
Harco Technology has acquired its first Washington DC customer for
DART. Following on from a pilot with this east coast US customer
in early 2001 focusing on the analysis of BridgeFeed data, 150 traders
will have market data usage reported by DART.
In August Harco Technology signed a deal for DART with a leading
UK fund management company. DART will be used to perform usage analysis
and cost optimisation across two UK sites.
Stuart Harvey, Director, says 'We have received a good deal of interest
from market data managers in the fund management business since
the publication of the Simon report into soft-dollar broker arrangements.
'The ability to see what trader is using what and identifying expensive
unused services is of particular importance to these businesses
at present', says Harvey.
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