SOMERSET, N.J. -- Spaulding Group is conducting a survey to find out how prepared money managers are to deal with year 2000 issues.
David Spaulding, president, said his sense is that money managers are not taking the year 2000 problem seriously enough.
Money management firms, which rely heavily on computers and software, might be vulnerable if the problem is not addressed, Mr. Spaulding said.
The survey basically asks money managers: "Are you going to be OK come 1/1," he said.
The survey, which is a part of a Spaulding Group survey on manager accounting systems, is cosponsored by portfolio accounting systems vendors Advent Software Inc., Global Investment Systems Ltd., Shaw Data Inc., Princeton Financial Systems Inc. and CheckFree Corp.
Survey results should be available late this month or early September.
