today announced that Ryan Beck & Co., a full service broker-dealer
specializing in financial instruments and municipal bonds, has signed a
five-year contract to implement Reuters Plus for 1,000 users.
This follows last month's announcement at Gerard Klauer Mattison where
Reuters replaced 120 positions of Thomson with Reuters Plus. Ryan Beck is
the sixth competitive win for Reuters Plus in the North American market in
2003, and follows more than 24,000 positions secured as a result of
competitive wins and renewals for Reuters Plus in the past twelve months.
Reuters Plus combines a flexible user interface with a powerful real-time
news and data package and a generous array of third-party information to
serve a broad range of professionals in the U.S. equities market. Reuters
Plus users include domestically oriented buy side analysts and fund
managers, institutional sales people and retail firms.
Robert M. Berson, President, Ryan Beck & Co., said, "We were quite rigorous
throughout the evaluation phase and Reuters came out on top in all areas
including functionality, price and support. We always seek to find the best
solution that will directly benefit our clients, and Reuters met that
Phil Lynch, Chief Executive, Reuters America, said, "Ryan Beck is a well
respected brokerage firm with an established presence and strong growth
potential in their private client group. We are pleased with the confidence
they have shown in Reuters by awarding us a long term contract and look
forward to delivering great service to them. This is another example of how well Reuters Plus performs within its target market segment and how our
overall support of all our products directly results in competitive wins."