SOURCE: IBM

March 01, 2007 12:49 ET

Reuters and IBM Collaborate to Give Financial Markets Customers Better Trading and Integration

LONDON and NEW YORK, NY -- (MARKET WIRE) -- March 1, 2007 --Reuters (LSE: RTR) (NASDAQ: RTRSY) and IBM (NYSE: IBM) are collaborating to make it simpler for financial markets customers to integrate Reuters core software platform, the Reuters Market Data System (RMDS), with IBM WebSphere Software. Joint customers can now access and integrate the broadest array of market data with existing information to manage massive data volumes better and improve trading.

The move will allow the content and services on RMDS to completely integrate with applications that use IBM's messaging software. It has been made possible by the introduction of three new products from Reuters which will extend the reach of RMDS into clients' front, middle and back office applications.

--  RMDS Multicast Distributor, to be released later this year, is powered
    by IBM's new Reliable Multicast Messaging technology that enables ultra-
    fast distribution of any content from RMDS to client applications.  The new
    technology can be embedded in RMDS with licensing and support by Reuters.
    
--  RMDS Enterprise Distributor (eDist) is a Java Messaging Service (JMS)
    gateway that connects RMDS to IBM WebSphere Software. It allows
    applications written with IBM WebSphere Software to access the 80 plus data
    sources from vendors available on RMDS -- as well as internally published
    data.  It can also distribute content over RMDS for consumption by other
    applications owned by the client.
    
--  RMDS Internet Finance Platform (iFP) gives internet access to all the
    data on RMDS and integrates web services. It is designed to run on IBM
    WebSphere Software web servers.
    
Steve Mills, senior vice president and group executive, IBM Software Group, said: "IBM WebSphere Software brings to RMDS the muscle to process hundreds of thousands of messages per second with sub-millisecond latency, and an underlying services orientated architecture (SOA) that offers greater flexibility, resiliency and ease of use over competing platforms."

Peter Moss, Global Head of Enterprise Solutions, Reuters, said: "We are pleased to be able to extend the reach of RMDS through our partnership with IBM, giving our clients more choice and making Reuters systems more open than ever. For the first time developers will be able to build new applications using IBM messaging software to access content from RMDS and to distribute it into other parts of their organizations. This is another example of our key aim, to put customers first."

About Reuters:

Reuters is the world's largest international news and financial information source, reaching over 1 billion people a day. Known for its speed, accuracy and independence, Reuters content powers newsrooms and financial markets around the world. Reuters distributes its text, data, pictures and video to professionals and direct to consumers via online and digital services. Founded in 1851, Reuters Group has 16,800 employees in 89 countries and had annual revenues of £2.4 billion/$4.4 billion in 2005. For more information and the latest news, visit www.reuters.com

About IBM:

For more information about IBM financial markets solutions, please visit www.ibm.com/financialmarkets.

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