Prior to the current partnership, B of A, IBM and Prudentialwere already exploring the possibility of developing their ownsimilar application. The three were looking for a technologypartner who could provide a workable solution for transactions onthe Web, and found it in netStruxr's SPACEdirect. The threecompanies have all taken ownership interests in netStruxr.Thecollaboration brings nearly $3 billion in transaction volume to theSPACEdirect platform.
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