A number of Wall Street firms are hoping to cut back on at
least some of the popular features offered by Bloomberg LP — moves that could
crimp the data distributor’s bottom line.
The firms, Citigroup, Barclays, Goldman Sachs and at least one other,
are making the move after The Post broke the news that Bloomberg reporters had
access to some proprietary client information.
They are looking to pull back on features such as chat and
instant messaging in favor of their own more secure, proprietary services.
Barclays is considering creating its own Bloomberg-like
products, such as messaging, sources tell The Post..
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