Knowledge Technology Solutions PLC
22 May 2003
News Release
22 May 2003
Stockbroker Charles Stanley is latest subscriber to KTS's QuoteTerminal System
Charles Stanley and Company Limited is the latest big City name to subscribe to
QuoteTerminal, the live UK financial news and data product from Knowledge
Technology Solutions PLC (KTS). Charles Stanley, one of the largest private
client stockbrokers in the UK, has bought QuoteTerminal licences for its London
and provincial offices.
Since the beginning of the year KTS has been signing up a steady stream of
well-known financial institutions. Charles Stanley is the sixth City firm that
KTS has announced is subscribing to QuoteTerminal in the past five months.
Morley Fund Management, Prudential-Bache Limited, Royal London Asset Management,
Williams de Broe and Singer and Friedlander are the other major QuoteTerminal
subscribers already taking the service since January.
QuoteTerminal is used by finance professionals in the UK and offers premium
news, data and analysis sourced from well-known providers such as Comstock, a
division of FT Interactive, Dow Jones Newswires, RNS and AFX News.
Dr Marc Pinter-Krainer, Chief Executive of KTS, said:
'Technology and cost advantages are the two main driving forces behind
innovative market data applications such as QuoteTerminal. Against its
competition, QuoteTerminal has taken a leadership position in providing maximum
benefit in both these areas. We're delighted to welcome Charles Stanley as a new
QuoteTerminal customer.'
Mike Pitts, IT Director of Charles Stanley, commented:
'We wanted a live financial data and news system that was fully professional yet
easy to use. We also wanted one we could install across the firm with the
minimum of fuss. QuoteTerminal fitted the bill perfectly as it requires no
on-site installation, provides reliable data and news and is secure.'
Iain Daly, Smaller Companies Analyst at Charles Stanley, said:
'I have been impressed by the flexibility of the QuoteTerminal product,
particularly the ability to access full market data.'
Enquiries, please contact:
Dr Marc Pinter-Krainer Neil Boom/Jenny Leahy
Knowledge Technology Solutions PLC Gresham PR Ltd.
020 8795 2700 020 7404 9000
Mike Pitts
Charles Stanley and Company Limited
020 7739 8200
Financial professionals may request a free QuoteTerminal trial by calling the
QuoteTerminal sales department on 020 7623 3399.
About Knowledge Technology Solutions PLC
Knowledge Technology Solutions PLC is a technology and software solutions
company listed on the Alternative Investment Market of the London Stock Exchange
(AIM: KTS). Utilising its proprietary technology, KTS focuses on developing and
licensing software solutions related to real-time information processing. The
Group's information technologies aggregate, analyse and process live data and
deliver the enhanced information as organised knowledge in real time, tailored
to customer requirements, via the Internet and wireless platforms. This delivery
mechanism offers organisations a cost-effective communications infrastructure
and enables users to speedily connect to and instantaneously interact with live
information from any location at any time.
KTS provides real-time market data solutions to market professionals via its
financial information products which deliver essential real-time financial
information from leading data providers at a low cost point.
KTS is the holding company for Cognita Technologies Limited, owner of the
Group's IPR, and Sharepages.com Limited, an online publisher of financial
information. (www.ktsplc.com)
About QuoteTerminal
QuoteTerminal is the company's real-time financial information system which
offers a fast continuous stream of essential UK market data, analytics, news and
research for equities, fixed income, foreign exchange and derivatives,
seamlessly integrated into a single complete package. Premium data is provided
by leading information providers such as ComStock, Dow Jones Newswires, RNS and
AFX News. By utilising proprietary technology and the Internet, financial
professionals can immediately monitor and interpret live market activity from
any location via a more cost-effective channel. (www.quoteterminal.com).
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
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