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Thomson to release thin client version of BetaLink broker desktop

11 October 2004  |  1714 views  |  0 Source: Thomson Financial

Thomson Financial, an operating unit of The Thomson Corporation (NYSE: TOC, TSX: TOC) and leading provider of information and technology solutions to the worldwide financial community, today announced the introduction of the Thomson BETALink Thin Client broker workstation, with a pilot release date scheduled by Thomson BETA Systems for 1Q 2005.

The thin client version integrates Thomson BETALink, the broker information system that provides account-related client and security data (balances, holdings, positions, and other information), order entry capability, and access to Rep related data. The new browser based system gives brokers access to a comprehensive, fully integrated and proven front office system, and also provides secure access from outside the traditional office setting to trading and customer data.

Thomson BETALink, integrated onto the Thomson ONE solution framework, allows brokers to track and analyze commission information, calculate commissions and bond rates, and generate pre-defined reports for themselves and their clients. Future releases will expand functionality to include capabilities for other users, including branch operations and correspondent clearing firms.

The new thin client software resides at Thomson Financial, not at the customer site or desktop. This greatly enhances the ability to provide more frequent releases and tests prior to deployment, and eliminates the need for technology staff to manage data center and deployment issues. In addition, the customer has increased flexibility to determine the rollout schedule and change in events.

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