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VDMS

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AcronymDefinition
VDMSVehicle Diagnostic Management System (TMDE Bradley Fighting Vehicle A3)
VDMSVector Data Management System
VDMSVehicle Dynamics and Mobility Server
VDMSViable Design Management Software
VDMSVan Deventer-Maas Stichting
VDMSVirtual Document Management System (Ubiquitech)
VDMSVerizon Digital Media Services


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As a result we have embarked on a series of operational measures: * we have terminated our fixed income desk in Amsterdam * we have significantly reduced the cost base of our US market making operation in VDMS, and ultimately decided to terminate this activity * we have terminated activities in certain satellite offices * we have restructured our UK activities significantly Simultaneously, we have investigated various strategies to invest in the electronic retail trading segment.
The revenues of VDMS were impacted by the implementation of the Hybrid system on the NYSE, the decline of the NYSE market share and the decline of the participation rate.
Following the sale of its US specialist book, Van der Moolen Holding NV fourth quarter net result will include charges for derecognition of certain VDMS intangible assets amounting to EU 40 million (net of taxes).
 
 
 
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