Multex wins Hypovereinsbank research distribution contract

Multex wins Hypovereinsbank research distribution contract

Hypovereinsbank has signed a multi-year agreement with Multex for the distribution of its fixed income and foreign exchange research to institutional and corporate clients, via the Internet.

Multex will deploy its Extensible Markup Language (XML) application program interface (API) to provide Hypervereinsbank with the technological infrastructure to offer clients real-time access to the bank's research archive from its Web site.

The deal extends an existing agreement between the two companies, under which Multex was charged with building and maintaining a Web site delivering research internally to staff at the German bank.

Robert Millns, managing director, Hypovereinsbank comments: "During the last year we spent working with Multex on our initial project, it was evident to Hypovereinsbank that Multex is a leader in the ASP space for the financial services community, and therefore we were very comfortable in extending this relationship and awarding them this exciting new project."

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