Prudential-Bache selects ktsQuoteTerminal

28/03/2003

nvestment and brokerage firm Prudential-Bache Limited is the latest company to sign up to the ktsQuoteTerminal financial information system from live market data technology company Knowledge Technology Solutions PLC (KTS).

Prudential-Bache is an affiliate of Prudential Financial Inc., one of the largest and most prestigious financial services groups in the world. Prudential Financial has $556 billion in total assets under management and administration as of 31 December 2002.

ktsQuoteTerminal customers have the opportunity to specify their mode of data delivery, either via the Internet or private network connection. In this instance, Prudential-Bache has opted for KTS’ private point-to-point network connection which offers maximum capacity, security and resilience. The private network connection also gives Prudential-Bache the flexibility to increase the number of QuoteTerminal systems, and the capacity to also subscribe to ktsMarketTerminal, KTS’ international system offering US and European market data and news, when it launches later this year.

Dr Marc Pinter-Krainer, the Chief Executive of KTS, said:

“Our live market data applications are optimised for fast and secure access via the Internet. However, some clients have specific requirements for the highest levels of resilience and security. Our private network access alternative meets Prudential-Bache’s needs and we are very pleased to welcome them as QuoteTerminal’s latest customer.”

Curtis Childs, Managing Director of Prudential-Bache, said:

“The KTS team has paid close attention to our specific needs and we are satisfied that the ktsQuoteTerminal system has the levels of security, resilience and capacity we need. We are impressed with the functionality of ktsQuoteTerminal and look forward to trialling the international ktsMarketTerminal product when it becomes available.”