Siebel Systems (SEBL) - strong buy? Message Board

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Technology Stocks : Siebel Systems (SEBL) - strong buy?

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To: BirdDog who wrote (5883)	5/19/2002 10:48:20 PM
From: puborectalis	Read Replies (1) of 6974

Reuters Company News Reuters, Siebel join up on financial software NEW YORK, May 19 (Reuters) - Global news and information provider Reuters Group Plc (London:RTR.L - News; NasdaqNM:RTRSY - News) and software provider Siebel Systems Inc. (NasdaqNM:SEBL - News) on Sunday unveiled an agreement to co-develop customized software solutions for financial institutions. ADVERTISEMENT The deal will integrate Reuters' financial solutions with Siebel's eBusiness Applications software, the companies said. The firms said the collaboration will provide financial advisors with real-time access to customer information and allow them to proactively manage their accounts. London-based Reuters and San Mateo, California-based Siebel said they would co-market the solutions to both existing and prospective customers and implement joint customer-led engagements initiated by either company. "By combining Reuters' proven business integration skills with Siebel Systems' expertise in customer relationship management we can lower total cost of ownership," said Alex Hungate, Reuters chief marketing officer and president, in a statement. "The relationship with Siebel Systems will enable our customers -- especially our wealth management customers -- to better service their customer base."

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