A Silicon Valley company has come out with a product called CustomLink that could reduce the cost and complexity of building a virtual financial services business.

Concentric Network Corp., heretofore little known outside the high-tech community, has gone the route of others by creating a "vertical market" orientation for its intranet and extranet technology. It has identified banks, brokers, mutual funds, retailers, and other such prospects for CustomLink, which it says is more flexible, efficient, and secure than conventional public Internet connections.

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