| BUSINESSWEEK ONLINE : NOVEMBER 15, 1999 ISSUE | ||||||||
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| COVER STORY
A Slew of Partners Merrill is rapidly signing up partners and buying into companies to expand its technology reach. Merrill spends $3.2 billion a year on information technology MARKETING PARTNERSHIPS These Web sites are designed to drive traffic to Merrill Web sites: Microsoft Network, Multex, Third-age, and Medialink.com. CONTENT PARTNERSHIPS These are news and data providers to Merrill's Web sites: Services include stock market charts, spreadsheets, news and data, and prospectuses online. Data providers include Standard & Poors, Dow Jones, ILX, New River, and Intuit. SERVICE PARTNERSHIPS These companies offer a variety of new services to Merrill clients: Works.com. Web site offers automated purchasing for small businesses. Ten percent owned by Merrill Lynch. Financial Engines. Software firm gives sophisticated asset allocation modeling to Merrill 401(k) clients. D.E. Shaw Financial Technology. Developer of online trading software. 100% owned by Merrill Lynch. TECHNOLOGY PARTNERSHIPS An assortment of major technology-development and outsourcing partners: AT&T, Cisco, Compaq, IBM, Microsoft, and Sun Microsystems. Small technology providers include Inktomi, Vignette, Exodus, Real Network, Neon, StarQuest Software, Exodus, and Extremesoft. BUSINESS INVESTMENTS Merrill has stakes in alternate trading systems Primex, Archipelago, Optimark, TradeWeb, BRUT, Tradepoint, BrokerTec, EuroMTS, and Bloomberg. RESEARCH & DEVELOPMENT PARTNERSHIPS In March, Merrill gave MIT $15 million to fund research on technologies that will affect financial services in 2002 and beyond. INTERNATIONAL PARTNERSHIPS Foreign media, technology, or financial services companies that will help Merrill expand overseas. (Deals under negotiation.) DATA: MERRILL LYNCH & CO. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ BACK TO TOP |
![]() RELATED ITEMS Merrill's E-Battle COVER IMAGE: Inside Merrill TABLE: Merrill's Online Strategy...Has Many Pitfalls TABLE: Leaping into Cyberspace TABLE: Merrill's Web Presence TABLE: Merrill Towers over Schwab... CHART: ...But Schwab's Market Cap Tops Merrill's...And Schwab's Asset Growth Blows Merrill Away TABLE: A Slew of Partners The Architect of Merrill's Digital Future VIDEO: Q&A with John McKinley ``The Winds of Change Are upon Us'' (extended) ONLINE ORIGINAL: Online Brokerage Stocks: Is Their Time Coming Again? INTERACT E-Mail to Business Week Online | |||||||