Reuters & Lehman Brothers
July 22 2003 - 3:27AM
UK Regulatory
RNS Number:8037N
Reuters Group PLC
22 July 2003
LEHMAN BROTHERS TO BE KEY CLIENT FOR
REUTERS KNOWLEDGE
New York, July 22, 2003-Reuters (Nasdaq: RTRSY, LSE: RTR), the global
information company, today announced that Lehman Brothers, the global investment
bank, intends to roll out Reuters Knowledge, a new information and analytics
service for research and investment banking professionals, to all of their
senior investment bankers globally.
Reuters Knowledge is an integrated workflow solution that significantly reduces
time spent on repetitive, low value tasks, while increasing time available for
revenue generation. It reduces the total cost of ownership by aggregating
content and applications from many sources into one platform.
George Tierney, Lehman Brothers Senior Vice President, Investment Banking said:
"Reuters Knowledge is a true advancement in the industry and a great choice for
our senior bankers. We are partnering with Reuters to further develop this
product with the goal of deploying it throughout our Investment Banking
division."
John Curran, Reuters Executive Vice President, Investment Banking & Brokerage
said: "We are proud to announce this global partnership with Lehman Brothers, a
long time innovator in financial markets. Lehman is forging new ground with this
agreement by working closely with Reuters to further develop this product to
better meet the specific needs of their investment banking division."
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Contact
Kyle Arteaga Tel: +646 223 5222
Reuters Media Relations-US
kyle.arteaga@reuters.com
Yvonne Diaz Tel: +44 20 7542 2615
Reuters Media Relations-UK
yvonne.diaz@reuters.com
Emily Davis-Knight Tel: +212 526 5091
Lehman Brothers Media Relations
edavis2@lehman.com
Note to editors
About Reuters
Reuters (www.about.reuters.com), the global information company, provides
indispensable information tailored for professionals in the financial services,
media and corporate markets. Our information is trusted and drives decision
making across the globe based on our reputation for speed, accuracy and
independence. We have 16,000 staff in 94 countries, including some 2,400
editorial staff in 197 bureaux serving approximately 130 countries, making
Reuters the world's largest international multimedia news agency. In 2002, the
Reuters Group had revenues of #3.6 billion.
Reuters and the sphere logo are the trade marks of the Reuters group of
companies.
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This information is provided by RNS
The company news service from the London Stock Exchange
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