The move to RMDS will enable Credit Suisse to reduce costs by streamlining its entire market data infrastructure and consolidate TIB MDS, Triarch and in-house developed applications, while at the same time optimising quality and service. RMDS will provide Credit Suisse with a consolidated market data hub for all Reuters data users.
Peter Lankford, Head of Marketing for Enterprise Information Solutions at Reuters comments: "By consolidating on one state-of the art market data platform, Credit Suisse will not only lower their costs, but also benefit from the wide range of options that RMDS offers for distributing data throughout the enterprise. Another essential benefit is the continued support of the bank's existing applications, through the TIB and Triarch compatibility features of RMDS."
Peter Hutter, Head of Market Information at Credit Suisse comments: "RMDS is an investment in flexibility, bringing us the benefits of both TIB and Triarch, which are both heavily integrated in our business processes. At the same time, we can take advantage of new features without having to change too many of our applications or networks."