receives $7 million gift
Bridge Information Systems, the largest
provider of financial information services in North America, has
given the McIntire
School of Commerce real-time financial data and information
services valued at $7.3 million, making the package the largest
gift ever received by the McIntire School.
The gift makes possible a new, high-tech financial center, the
Bridge Center for Financial Markets. The center will be equipped
with 62 financial workstations, allowing students and faculty
to develop portfolios, build financial models, test ideas and
trading systems and watch markets and economic events unfold in
real time. It will include a simulated trading room featuring
BridgeStation, Bridge's most comprehensive package of market data,
analytical tools, advanced charting capabilities and news. A capital
markets room will feature workstations from Telerate Inc., a Bridge
subsidiary, offering access to comprehensive capital markets data
Bridge Center promises to fundamentally transform the teaching
of business and finance at McIntire," said Dean Carl P. Zeithaml.
"Our graduates will be thoroughly prepared to work in the
fast-paced world of Wall Street and in a variety of other careers.
The Bridge Center will enhance virtually all aspects of our curriculum
as well as the research activities of our faculty. We are very
grateful for this extremely generous gift.
"The Bridge Center will enable faculty to integrate financial
market activity into the curriculum and improve the analytical
and decision-making skills of students," Zeithaml said. "It
will serve both as a classroom and as a hands-on lab for McIntire
students in all concentrations."
part of the arrangement, additional Bridge and Telerate workstations
will be provided to U.Va.'s Darden Graduate School of Business
together with its principal operating units - Bridge Information
Systems, Telerate, BridgeNews, and Bridge Trading - is the largest
provider of financial information and related services in North
America and one of the fastest growing in the world, with more
than 5,000 employees.