Reuters' French software subsidiary Effix Systèmes has reorganised and added new development staff in a move to speed up its development efforts, particularly of the Kondor+ risk management system.

The moves follow the departures of Francis Lacan and Hassan Ouriagli, previously sales manager and development manager respectively for the Kondor+ product.

Sources say that Lacan and Ouriagli left due to strategy differences with Reuters over the future development of the Effix risk management

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