UBS signs global data deal with Reuters

UBS will replace its existing Triarch system with Reuters Market Data System (RMDS) to further build its market data services and reduce costs.

The RMDS agreement forms part of a broader deal, which includes content, Reuters 3000 Xtra desktop machines and data feeds. UBS will also move a significant number of users onto an RMDS-based browser service that integrates internal and third-party data along with news services directly to end-users at the bank.

The Reuters service will cover more than 3,500 UBS staff in 25 locations around the world.

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