Financial content provider formalises relationship with MWEB Business

McGregor BFA, an online content service provider, recently formalised its strategic partnership with MWEB Business. The relationship sees McGregor BFA becoming a wholly owned subsidiary of MWEB Business and together with LegalNet forms the content service provider division of the Internet company`s business.

"The vested interest that MWEB Business has in McGregor BFA means that we have the backing of one of the largest Internet solution providers in SA, allowing us to leverage off its technology and infrastructure offerings," says Wilma Swarts, general manager of MWEB Business` Content Service Provider (CSP) division.

McGregor BFA`s products are designed to run either on local area networks (LAN) with the data content residing on a client`s server for quick and easy access via the users` desktops or via the internet.

Subscription to McGregor BFA supplies customers with real-time and archived information on both listed and non-listed South African companies, local and international economic data as well as international financial indicators and currency exchange data.

"With the advanced infrastructures that we have in place, we are better equipped to provide our clients with turn-key rather than pre-packaged solutions, therefore allowing for greater customisation and agility in relation to each customer`s unique content requirements," comments Swarts.

"The relationship with McGregor BFA creates a complete synergy for our business. MWEB`s strength lies in its understanding of building, creating and hosting effective electronic distribution environments, while McGregor BFA possesses the knowledge of sourcing, refining and packaging data, thus allowing us to present our customers with flexible, customised information solutions," concludes Deon Muller, general manager of MWEB Business.