Stockbroker Hoodless Brennan opts for ktsQuoteTerminal
19/08/2003
Hoodless Brennan & Partners Plc, stockbrokers specialising in the AIM and smaller company market, is the most recent City firm to subscribe to ktsQuoteTerminal, the live UK financial news and data service provided by Knowledge Technology Solutions PLC (KTS).
Hoodless Brennan opted for ktsQuoteTerminal because it provides a powerful, user-friendly market data application delivering first-rate financial prices and news. In particular, the ease of installation and rollout of ktsQuoteTerminal within the organisation was an important attraction. Moreover, because ktsQuoteTerminal is internet-delivered, customers' monthly fees reflect the fact that they do not have to meet the expense of installing dedicated networks and servers on their sites.
A continued City recession has left financial institutions needing to economise. Therefore, they have looked to alternative financial news and data systems which provide the same quality information, but at a significant price discount to comparable systems sold by the more traditional market data vendors. This is why ktsQuoteTerminal, with its modern internet ASP platform, has been successful in quickly acquiring a growing portfolio of well-known City clients.
KTS has signed a number of deals with big City names for its ktsQuoteTerminal service since the beginning of 2003. Recently it announced that Charles Stanley and Company Limited, Singer & Friedlander Investment Management Ltd and Williams de Broe have bought ktsQuoteTerminal licences.
ktsQuoteTerminal is used by finance professionals in the UK and offers premium news, data and analysis sourced from well-known providers such as ComStock, a division of FT Interactive Data, Dow Jones Newswires, RNS News, JCF Group, Hemscott and Exchange Data International.
Dr Marc Pinter-Krainer, Chief Executive of KTS, said:
'The demand for ktsQuoteTerminal within our target market of City firms is encouraging and emphasises its suitability as a professional market data system. Our success in attracting ktsQuoteTerminal clients proves it is possible to deliver a high quality market data product that's secure and reliable at a price which meets current market data budgets. We're pleased to welcome Hoodless Brennan as a ktsQuoteTerminal client.'
Richard Malkin, Finance Director of Hoodless Brennan, commented:
'ktsQuoteTerminal meets all our needs in terms of functionality and reliability and is extremely cost-effective. One of the great advantages of ktsQuoteTerminal is that we're spared the expense and disruption of installing any additional computer networking infrastructure on site.'
