Telerate Will Market PC-Based Fundamental Analysis Software From Giltnet, Australian Firm

Through a new contract with an Australian firm, Telerate, Inc. has taken another step in its current strategy of providing value-added analytical support for its fixed-income market data. The deal is with Giltnet, Ltd. of Sydney, and it makes Telerate the almost-worldwide marketing agent for Giltnet's IBM PC-based bond trading analysis software.

Announcement of the "joint marketing agreement" came almost as an aside in Telerate's press release on its 3d-quarter earnings. Terms of the agreement call for Telerate to market the Giltnet software everywhere except in Australia and New Zealand, where it is already well-established.

In contrast with Telerate's recently-released Teletrac product, which performs technical analysis (MTR, June 1986), the Giltnet system works with fundamentals, like swap analysis and yield curve analysis. Development work is underway to give the package access to Telerate's real-time data feed.

Meanwhile, look for Telerate to add windowing capabilities to its PC-based broadcast service by the end of the year. "We're very close to release," says Rick Snape, vice president, product marketing. The proprietary package will allow users to cut and paste subsets of various Telerate pages onto a single screen, and will support color -- but not graphics.