TACOMA, Wash. - Frank Russell Co., Tacoma, and FactSet Research Systems, Greenwich, Conn., are now providing investment professionals with a new online system for evaluating their investment strategies.
The joint program provides an electronic version of Russell's U.S. equity profiles as part of FactSet's online investment information service. Russell's equity profiles are used by money managers, securities analysts and plan sponsors to research and evaluate their stock investments and strategies.
FactSet subscribers will now be able to analyze their stock investments against an array of benchmarks, including FactSet's online portfolios, the Russell stock indexes or the Standard & Poor's 500 Stock Index. The portfolio comparison can provide up to five years of market history.
For more information, contact Tricia O'Connell of Russell Data Services at (206) 594-1734.
CHARLOTTE, N.C. - Sterling Capital Management, Charlotte, licensed PAM for Securities, a portfolio management and accounting system.
"One of our biggest concerns was finding a system that could handle the variety of securities, accounts and investment products we offer," said Mary D. Chaney, vice president and secretary treasurer at Sterling.
"With PAM, we feel we have chosen a system which will address these concerns," she said.
PAM for Securities is offered by Princeton Financial Systems, Princeton, N.J. More information can be obtained by contacting Gordon Gacek at Princeton Financial, (609) 987-2400.
BERKELEY, Calif. - BARRA Inc., Berkeley, and MMS International, New York, a unit of Standard & Poor's Corp., launched a joint venture to provide real-time relative value analysis of the U.S. Treasury market.
MMS/BARRA Treasury Analytics will deliver issue-specific value analysis, identify issues that are overpriced or underpriced, provide yield curve and spread analysis and relate current yield volatility to historical norms. "This service was developed in response to customer demand and fills a void in real-time analysis of the most watched and traded market in the world," according to John Fitzgerald, an MMS managing director.
"Traders, sales people and portfolio managers active in U.S. Treasuries can benefit from the product's relative value-based market information that is timely and trading oriented," said Robert Newman, director of BARRA Ventures.
MMS/BARRA is available throughout the United States, Canada and Latin America on Telerate Systems, pages 17980-89, through March 29. Worldwide access for users of Reuters, Bloomberg, Knight-Ridder and ADP information systems will be available soon.
For more information, contact Mr. Newman at (510) 548-5442.
CHICAGO - The investment consulting firm Ibbotson Associates, Chicago, has an Internet address: http: www.ibbotson.com.
Initially, the site will be an online catalog of Ibbotson products and services and will "sneak preview" upcoming Ibbotson offerings. In the future, it might include investment related research, focus groups, position papers and games to measure risk tolerance.
For more information, contact Heather Fabian at Ibbotson at (312) 616-7592 or e-mail at [email protected]
SAN FRANCISCO - Advent Software Inc., San Francisco, has a new version of its Windows-based portfolio management system Axys, called Axys Release 2.
The new version allows investment managers to further automate and integrate operations through added capabilities including: multicurrency accounting; automated access to current international pricing and data; increased fixed-income functionality; and graphically enhanced, customized reporting.
Money managers with Axys Release 2 can automate the investment process for international holdings. The new version restates reports in any currency, shows exposure by currency or country, separates gains and losses caused by market vs. currency fluctuations, and defines and tracks trading, income and risk currencies for each security.
It has electronic access to international pricing and data through Interactive Data Corp. and Extel.
For more information, contact Bob Hagenau at Advent at (415) 543-7696.
NEW YORK - Knight-Ridder Financial and NBC Desktop Video have announced they are sharing editorial content as breaking news stories occur.
Knight-Ridder Financial newsrooms around the globe are monitoring NBC Desktop Video to augment their own reporting; NBC Desktop has access to Knight-Ridder Financial news and information through Knight-Ridder Financial MoneyCenter for Windows system.
Customers using Knight-Ridder Financial Money Center, ProfitCenter, DDF or IDF products will receive program schedules and alerts regarding NBC Desktop Video programming.