million investment program for Dow
Dow Jones & Company recently announced a $650
million investment program for Dow Jones Telerate.
This investment will be focussed on:
News, prices, and analyses will be broadened to provide complete
coverage of major asset classes for sell-side and buy-side institutions,
built upon a new expanded historical data warehouse and an extended
base of research and analytical programs.
Data from Dow Jones Telerate and its content partners will be
delivered to customers worldwide over a new high-speed, secure
network using standardised Internet-protocol delivery technologies.
Easy to use interactive capabilities will be an integral element
of the new delivery system facilitating real-time trading, messaging,
and research with such features as three- dimensional graphics
and access to original-format documents.
Dow Jones Telerate will make an unprecedented investment in establishing
and implementing a pervasive customer care program in which sales
and support staffs will work more closely with customers, assist
them in achieving solutions, and partner with them to achieve
their profit objectives.
"We are acting decisively at Dow Jones Telerate
to exploit recent advances in technology, build on traditional
market strengths, and tap new revenue streams. By broadening and
deepening its information and analytic resources, in concert with
the global resources of Dow Jones and its authoritative outside
providers, Dow Jones Telerate will become a comprehensive source
for customers' information and decision-support requirements.
Global transactional capabilities will enable customers to perform
every activity they require from information gathering, to analysis
and evaluation, to execution and settlement."