Thomson Financial and Radianz Ink Access Deal
Under a new strategic agreement, Thomson Financial will use RadianzNet to provide its European and Asian clients with access to Thomson ONE and applications like First Call, SDC Platinum and Autex. Existing clients of other Thomson Financial products including Datastream also can benefit from the agreement. (Radianz, established in June 2000, is 51 percent owned by Reuters with Equant NV owning the balance.)

According to the joint press release, �Clients that already use the Radianz network for accessing or distributing financial services should be able to start using Thomson ONE and other Thomson Financial applications in as little as 10 working days.�

The interesting angle is that Thomson Financial has a strategic goal of knocking off Reuters in the market data arena. But, I presume all is fair in love and war. Radianz�s president and chief executive officer, P. Howard Edelstein, addressed that issue saying, �Our agreement is significant and a milestone in Radianz�s history because it reinforces the neutrality of our infrastructure, which is designed to empower all financial institutions worldwide to communicate with their clients.�