Brief: Reuters clinches prestige Lehman contract

Brief: Reuters clinches prestige Lehman contract

Lehman Brothers has signed a three-year multi-million deal with Reuters for its e-commerce applications, messaging middleware, trading system infrastructure, and trading desktop solutions. The contract calls for the installation of 1500 positions of Reuters 3000 Xtra flagship information product in Lehman offices worldwide.

In addition to the 3000 Xtra desktop application, Lehman will use Reuters TIB/ActiveEnterprise architecture in all its trading rooms. As part of the agreement, Lehman is to make extensive use of Reuters consulting services to integrate a wide range of its business information applications, including trading, risk management, settlement and proprietary real-time systems.

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