Tamesis Powers Trading in European Sovereign Products On Merrill Lynch's Institutional E-commerce Portal.Business Editors LONDON--(BUSINESS WIRE)--April 23, 2001 Tamesis today announced that its applications for trading in European Sovereign products have been integrated into MLX MLX Master Electrician (theatrical terminology) MLX Multiple Listing Exchange (real estate) , Merrill Lynch's (NYSE NYSE See: New York Stock Exchange :MER mer Among the Cheremi and Udmurt peoples of Russia, a sacred grove where people of several villages gathered periodically to hold religious festivals and sacrifice animals to nature gods. ) e-commerce portal for institutional clients worldwide. Tamesis' suite of applications will enable Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis. institutional clients to view offerings in real time and execute trades in European Sovereign products on MLX. In May 1999, Merrill Lynch's Corporate and Institutional Client Group launched a major strategic initiative to drive new business models and e-commerce innovation across all products and services for institutional clients worldwide. The MLX portal features Merrill Lynch's award-winning research, market commentary and analysis, new issue offerings, secondary trading for debt and equity, and post-trade services. MLX was recently named "Best Institutional Brokerage Web site" by Financial NetNews in the publication's annual survey of the best financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. Web sites. "MLX empowers Merrill Lynch institutional clients to act more quickly and intelligently in the financial marketplace," said Michael Packer, Merrill Lynch's head of institutional e-commerce. "Tamesis has provided us with a robust and scalable platform to support trading by these clients in European Sovereign products. Our partnership with Tamesis has reduced the time to market for delivery of this trading application and strengthened our fixed-income offering to clients on MLX." "We are delighted to be working with Merrill Lynch to deliver these trading applications based on our modern trading systems architecture," said James Tomlin James William Tomlin (born August 12, 1982 in Los Angeles, California) is an outfielder in Minor League Baseball who plays for the Jacksonville Suns in the Double-A Southern League. He was drafted by the Minnesota Twins in the 7th round of the 2000 MLB Draft out of St. , Managing Director of Tamesis. "We will continue to partner with Merrill Lynch to enhance and support this application, and to meet the firm's demanding business needs."] About Tamesis Tamesis was formed to address the increasing strain being placed on the systems of global investment banks The following is a list of investment banks Financial conglomerates Large financial-services conglomerates combine commercial banking and investment banking, and sometimes insurance. . Tamesis have created an e-enabled, enterprise-wide trading system that works as close to real time as you want and solves the problems that existing systems were never designed to cope with: e-commerce, globalisation and continuous 24-hour trading. Tamesis is headquartered in the City of London. For more information, go to http://www.tamesis.com About Merrill Lynch Merrill Lynch (NYSE:MER) is one of the world's leading financial management and advisory companies, with offices in 44 countries and total client assets of about $1.6 trillion. As an investment bank, it is the top global underwriter and market maker of debt and equity securities and a leading strategic advisor to corporations, institutions, and individuals worldwide. Through Merrill Lynch Investment Managers, the company is one of the world's largest managers of financial assets Financial assets Claims on real assets. . For more information, go to www.ml.com. |
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