Manufacturers Inspects DEC In Connection With Merger
TECHNOLOGY
In conjunction with its plans to merge with Chemical Bank, officials at Manufacturers Hanover Trust Co. say they are evaluating Digital Equipment Corp.'s DECtrade data distribution platform for planned upgrades to its fixed-income and foreign exchange trading operations in New York and London. Manufacturers has already built a disaster-contingency site for up to 100 positions in lower Manhattan using DECtrade.
The move follows Chemical's 70-position installation of DECtrade for foreign exchange
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