Knowledge Technology Solutions PLC
23 January 2003
23 January 2003
Knowledge Technology Solutions secures new order for QuoteTerminal from Morley
Knowledge Technology Solutions PLC (AIM:KTS) has secured an order for its
QuoteTerminal live financial news and data product from Morley Fund Management,
the UK-based global asset management arm of financial services giant Aviva plc.
Morley has signed contracts for a number of QuoteTerminal licences. The company
employs around 1,000 staff in its offices in London, Singapore, Tokyo and an
associate office in Boston. Therefore, there is the potential for it to
subscribe to additional QuoteTerminal licences in due course.
QuoteTerminal is a live financial information product aimed at finance
professionals in the UK which offers premium news, data and analysis from
well-known providers such as Standard & Poor's, Dow Jones Newswires, RNS
and AFX News. Launched mid 2002, QuoteTerminal has seen a growing number
of new customers subscribing for licences each month.
Jacqueline Johnson, Market Data Manager of Morley Fund Management, said:
'QuoteTerminal fulfils our requirements for a UK market data system and provides
all the functionality we need. In these cost-conscious times value for money is
as important as high resilience and excellent functionality.'
Commenting on the sale, Dr Marc Pinter-Krainer, Chief Executive of KTS, said:
'City institutions of all sizes are currently reviewing their market data
services and looking to benefit from advanced technologies which have emerged in
the past couple of years, whilst cutting market data costs. This revolution
continues to play to QuoteTerminal's strengths, and we are pleased to welcome
Morley Fund Management as our latest QuoteTerminal client.'
Enquiries, please contact:
Dr Marc Pinter-Krainer
Knowledge Technology Solutions PLC 020 8795 2700
Seymour Pierce Ltd. 020 7648 8700
Neil Boom/Mallika Basu
Gresham PR Ltd. 020 7404 9000
Financial professionals may request a free QuoteTerminal trial by calling the
QuoteTerminal sales department on 020 8902 1400.
About Knowledge Technology Solutions PLC
Knowledge Technology Solutions PLC is a technology and software solutions
company listed on the Alternative Investment Market of the London Stock Exchange
(AIM: KTS). Utilising its proprietary technology, KTS focuses on developing and
licensing software solutions related to real-time information processing. The
Group's information technologies aggregate, analyse and process live data and
deliver the enhanced information as organised knowledge in real time, tailored
to customer requirements, via the Internet and wireless platforms. This delivery
mechanism offers organisations a cost-effective communications infrastructure
and enables users to speedily connect to and instantaneously interact with live
information from any location at any time.
KTS provides real-time market data solutions to market professionals via its
financial information products which deliver essential real-time financial
information from leading data providers at a low cost point.
KTS is the holding company for Cognita Technologies Limited, owner of the
Group's IPR, and Sharepages.com Limited, an online publisher of financial
QuoteTerminal is the company's real-time financial information system which
offers a fast continuous stream of essential UK market data, analytics, news and
research for equities, fixed income, foreign exchange and derivatives,
seamlessly integrated into a single complete package. Premium data is provided
by leading information providers such as Standard & Poor's ComStock, Dow Jones
Newswires, RNS and AFX News. By utilising proprietary technology and the
Internet, financial professionals can immediately monitor and interpret live
market activity via a more cost-effective channel.
This information is provided by RNS
The company news service from the London Stock Exchange