Bake-Off

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Bake-Off

A situation in which two or more investment banks compete to attract a client's business. For example, two banks may offer presentations to entice a client to use one (and not the other) as the broker in a merger or acquisition.
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References in periodicals archive ?
IntelliNet's SCTP Development Team successfully tested the interoperability of its M3UA implementation with most of the 15 companies represented at the bakeoff.
The focus at the M3UA Bakeoff was to address these issues, and focus on finding solutions that would be included in the next draft.
IntelliNet Technologies' SCTP (Stream Control Transport Protocol) development group reported excellent results after attending the recent SCTP Bakeoff in Research Triangle Park, North Carolina from October 23-27.
Henning Schulzrinne of Columbia University, co-author of the SIP specification said: "The SIP bakeoff showed that there is now a complete set of SIP implementations necessary to run an advanced all-SIP VoIP network.
The SmartSwitch Router's technical leadership has been demonstrated by independent test labs, by bakeoffs in the trade press, and now by our most important constituency--our customers," said Andrew Feldman, Cabletron's senior director for solution marketing.