Gives McIntire School $7.3 Million Gift, Largest Gift In Commerce
School's History To Establish High-Tech Financial Center
24, 2000 -- Bridge Information Systems (BRIDGE),
the largest provider of financial information services in North
America, has given the University of Virginia's McIntire
School of Commerce a gift of real-time financial data and information
services valued at $7.3 million, the largest gift ever received
by the McIntire School.
gift will create a new, high-tech financial center, the BRIDGE Center
for Financial Markets at U.Va., which will be dedicated at a ribbon
cutting in the lower level of Monroe Hall this evening at 6:30 p.m.
The event will include remarks by BRIDGE Chairman and CEO Thomas
M. Wendel and a demonstration of the center's technology.
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."
are very pleased to partner with one of America's leading undergraduate
business programs," said BRIDGE Executive Vice President Angus
Robertson. "We look forward to building a long-term working
relationship with McIntire's outstanding students and faculty."
BRIDGE 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. The center 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 and news.
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
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.
more than 5,000 employees worldwide, and more than a quarter of
a million users in over 65 countries, BRIDGE is headquartered in
New York City, with the BRIDGE Trading and Technology Center in
St. Louis, and major regional centers in Europe, the Middle East,
Africa and the Pacific Rim. For more information, visit the BRIDGE
web site at: http://www.bridge.com.
University of Virginia's McIntire School of Commerce is ranked fifth
in the country among undergraduate business schools by U.S. News
& World Report. In addition to an undergraduate program leading
to a bachelor's degree in commerce, the school offers two graduate
degrees -- a master's degree in accounting and a master's degree
in management of information systems. For more information, visit
McIntire's web site at: http://www.commerce.virginia.edu.
more information, call Senior Associate Dean Robert I. "Bob"
Webb at (804) 924-3174.
Charlotte Crystal, (804) 924-6858, University of Virginia; Jim Travisano,
(804) 924-7005, University of Virginia; Deanna Masella, (212) 372-7346,
Bridge Inforamtion Systems