25 Apr 2007
Reuters and Barclays Wealth sign global deal for 800 desktops
LONDON – Reuters (LSE: RTR; NASDAQ: RTRSY) and Barclays Wealth have signed a two year global deal that will make Reuters the strategic global vendor of choice for the organisation with a package of 800 desktops.
The package includes access to the premium desktop Reuters 3000 Xtra as well as Reuters Trader, Reuters Wealth Manager and Reuters Knowledge, allowing the right product to be matched to the right user within the organisation. They will be deployed across the main business centres of Barclays Wealth in the UK, Switzerland, Monaco, Singapore and Hong Kong.
Further areas of co-operation are now in discussion between Barclays Wealth and Reuters in line with Reuters stated Core Plus aims of extending its relationship with customers beyond the desktop to complete business solutions.
Jon Robson, President Focus Group Accounts said: “Reuters is committed to partnering with Barclays Wealth as it deploys our products to support its globally growing business. It is our aim to help Barclays Wealth realise its ambitious business plans by unlocking real value from Reuters capabilities.”
Contact:
Steve Clarke, Tel: +44 207 542 6865
Reuters Media Relations Mobile: +44 7990 56 6865
Email: steve.clarke@reuters.com
About Reuters:
Reuters (www.reuters.com), the global information company, provides indispensable information tailored for professionals in the financial services, media and corporate markets. Through reuters.com and other digital properties, Reuters now also supplies its trusted content direct to individuals. Reuters drives decision making across the globe based on a reputation for speed, accuracy and independence. Reuters has 16,900 staff in 94 countries, including 2,400 editorial staff in 196 bureaux serving 131 countries. In 2006, Reuters revenues were £2.6 billion.
About Barclays Wealth:
Barclays Wealth is the UK's leading wealth manager and has £93 billion in client assets globally. It serves affluent, high net worth and intermediary clients worldwide, providing international and private banking, financial planning, investment services and brokerage. Thomas L. Kalaris is the Chief Executive of Barclays Wealth and he joined the business at the start of 2006.
Barclays Wealth is part of the Barclays Group, a UK-based financial services group, with a large international presence in Europe, Middle East, the USA, Africa and Asia. Barclays has been operating for more than 300 years with 27 million customers and 123,000 employees in over 50 countries.