Operations Newsflash

Thomson Buys Software Firm in Treasury-Management Market

Thomson Corp. said this week it is buying privately held Selkirk Financial Technologies, which sells management systems and services for managing liquidity, forecasting cash flow, consolidating bank information and mitigating risk of companies dealing in the Treasury market. Thomson's goal is to extend its ability to provide integrated treasury systems, said Kevin Marcus, president of Thomson Financial Corporate Group, in a statement.