CORE DUMP

A deal in which Alphameric PLC would acquire a controlling interest in CP Technology reportedly fell through last week after a series of meetings in London. Alphameric is the parent of Bishopsgate Terminals Ltd. In 1986, V Band Corp. offered $8 million in an unsuccessful bid to acquire CP. Alphameric's acquisitive zeal was apparently dampened by the disclosure that one of CP's customers has acquired the rights to a crucial piece of the vendor's software.

Data Logic has beaten out Reuters/Rich Inc. for Credit Agricole's Paris trading room contract. The 150-position room will use a combination of IBM RT PC and Sun servers.

Telerate Systems Inc. recently firmed up its relationship with Japanese partner Kyodo News Service. Kyodo is responsible for repackaging Telerate information services for the Japanese marketplace. The duration of the Telerate-Kyodo contract was reportedly extended from five to 20 years. The deal gives Telerate 30%-40% off the top of Kyodo's locally generated revenues from Telerate's services, sources say.

Jacques Le Galloudec, former Ingenieur D'Affaires with Reuters/Rich in Paris, has been lured away by workstation supplier Sun Microsystems Inc. In his new position with Sun in Paris, Le Galloudec will be responsible for marketing Sun workstations to the French financial services industry. Le Galloudec was instrumental in the sale and implementation of the first Rich TRIARCH installation to make exclusive use of Sun workstations -- a 50+ position room at Banque de Neuflize, Schlumberger, Mallet in Paris.

Arthur Andersen & Co is lead contractor for the installation of Tandem computer-based ticker plants at Daiwa Securities and Nikko Securities in Tokyo. Tandem Computer Inc. was selected over Stratus Computer Inc., the ticker plant favorite of Wall Street, on the basis of service and support in the Pacific Rim, according to a source at Arthur Andersen.

The Toronto Stock Exchange has successfully cracked one of the toughest export markets for information processing systems, Brazil. Bolsa de Valores de Sao Paulo (BOVESPA) has licensed the TSE's Computer Assisted Trading System (CATS). BOVESPA accounts for approximately two-thirds of the total shares traded in Brazil annually.

TSE has acquired a Verbex I/O device and is experimenting with a voice input prototype for a new CATS trading workstation. The TSE's trading system will use IBM RT PCs as servers and IBM PS/2 terminals. An automated program trading facility for CATS has been implemented to allow CATS users to buy or sell a basket of stocks underlying the TSE's "35 Index" to offset trades in the Toronto futures pit.

CATS is installed in the Paris, Madrid, and Brussels markets and served as the model for the Tokyo Stock Exchange's CORES.

The Zurich-based Association for International Bond Dealers and the Eurobond clearing houses have called a truce in the battle over their rival trade matching systems. The AIBD, Euro-clear and Cedel have agreed to conduct a feasibility study for a common communications network to transmit data to the clearing systems and to TRAX, the AIBD's online trade matching and confirmation system. The network would allow dealers to relay data to TRAX and to send information to the clearing houses for trade confirmation, clearing and settlement.

According to a statement issued by AIBD, Euro-clear and Cedel, data will be protected at the point of entry and will be transmitted individually and directly to the intended recipient for processing. The two clearing houses had previously rejected a link between ACE, their trade confirmation system, and TRAX.

Data Logic Ltd. and Global Risk Management Ltd. have agreed to jointly develop risk management software. The rights to the system will be divided equally between the two companies, which are expected to enter into a worldwide manufacturing, marketing and distribution agreement after development is completed.