Checkfree Corp. said it will offer information and news feeds from Reuters through banks and brokerage firms that use the electronic commerce company's services.
Reuters America Inc. and Checkfree will jointly market a package of financial information, news, real-time stock quotes, and transaction capabilities such as portfolio management and on-line bill payment.
"All the components to any investment manager are on the screen," said Checkfree spokesman Matt Lewis. "Content and business information are important to have coupled with the ability to act on it by conducting trades and evaluating their success."
Reuters will offer its Internet brokerage customers Checkfree's portfolio measurement and on-line bill payment features. Checkfree will integrate Reuters news, stock quotes, and brokerage transaction capabilities into what it offers financial institutions.