Financial services

Internet Financial Network Partners with Merrill Lynch to Offer Soft Dollar Investment Research Services

Strategic Insights

Jun 7, 1998 — 1 min read

The Internet Financial Network, Inc. (IFN) has announced a partnership with the Citation Group, a Soft Dollar Brokerage unit of Merrill Lynch, to provide investment research and news services to Merrill Lynch's Citation clients through the InfoGate platform. The partnership aims to offer a range of investment-related products and services, including research, news, market data, and consulting services, to clients through the platform.

Key Takeaways:

The partnership between IFN and Merrill Lynch's Citation Group will provide soft dollar clients with access to investment research, news, and other services through the InfoGate platform.
InfoGate is a software platform that will deliver hundreds of sources of news and information to its users, with the number of content providers expected to increase geometrically during 1998.
The initial content providers for InfoGate will include American Banker, The Associated Press, CDA/Investnet, COMLINE, Comtex Scientific Corporation, First Call Corporation, Investext, Net Earnings, Phillips Business Information, Securities Data Company, and Standard & Poor's.
IFN's products also include EdgarWatch, Instant News, Smart Edgar, and Smart Edgar News, a delayed news service similar to Instant News, which is available on Lycos StockFind.
The Travelers Insurance Company and Data Broadcasting Corporation hold a controlling equity interest in IFN.

Statistics:

InfoGate will have hundreds of sources of news and information available to its users, with the number expected to increase geometrically during 1998.
IFN was founded in 1994 and has offices in New York City and Ft. Lauderdale, FL.
The company's products, including EdgarWatch, Instant News, Smart Edgar, and Smart Edgar News, will be available on multiple platforms, including Lycos StockFind.

Sources:

PR Newswire story, "Internet Financial Network, Inc. and The Citation Group of Merrill Lynch Announce Agreement to Provide Investment Research and News Services", June 8, 1998
Internet Financial Network, Inc. (IFN) press release, dated June 8, 1998.

The End of American Hypergrowth

For two centuries, the US economy grew by adding workers. That's over.

Healthcare's $5.3 Trillion Drag

How Medical Spending Became America's Biggest Productivity Tax

Breakthrough in Nanotechnology: Electromagnetic Shock Treatment Shows Promise

Researchers at the Wuhan University of Technology in China have made significant progress in the field of nanotechnology, specifically in the area of nanoindentation. A novel electromagnetic shock treatment (EST) method has been developed to enhance the microscale mechanical properties of a titanium alloy, with promising results obtained through array-based

Gut Microbiota Plays Crucial Role in Immunotherapy Success for Colon Cancer Patients

Research investigators at the Zhengzhou Central Hospital Affiliated to Zhengzhou University have made groundbreaking discoveries on the role of gut microbiota in determining the efficacy of immunotherapy for colon cancer patients. The study, which was recently published in Biochimica et Biophysica Acta, reveals that specific bacterial species and microbial metabolites

Read more

The End of American Hypergrowth

Healthcare's $5.3 Trillion Drag

Breakthrough in Nanotechnology: Electromagnetic Shock Treatment Shows Promise

Gut Microbiota Plays Crucial Role in Immunotherapy Success for Colon Cancer Patients