Siebel teams up with Reuters

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Global news and information provider Reuters Group is teaming up with Siebel to co-develop customised software solutions for financial institutions.

The deal will integrate Reuters' financial solutions with Siebel's eBusiness Applications software. The companies say the collaboration will provide financial advisors with real-time access to customer information and allow them to proactively manage their accounts. The software will be jointly marketed to both existing and prospective customers, while implementation deals can be initiated by either company.

"By combining Reuters' proven business integration skills with Siebel Systems' expertise in customer relationship management we can lower total cost of ownership," said Alex Hungate, Reuters chief marketing officer and president.

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