Conquest
Charter Research Corp.
This pricing and analysis tool for CMBS bonds and bond portfolios, provides a full range of analytical modeling capabilities delivered via the Internet. Using credit-driven analysis, this system is tailored to the unique requirements of CMBS pricing analysis, tying shifts in interest rates to the credit risk and credit-related disclosure of commercial mortgage loans; CMBS data is provided within 48 hours of receiving the information; the system delivers updated data on more than 150 modeled deals to analysts' computers.
The cost is $2,500 a month.
It runs on any Internet browser.
The system is targeted at traders/analysts, portfolio managers, mutual fund companies, investment banks, banks, insurance companies, REITs and CMBS issuers. Clients include The Hartford, Prudential Securities, AEW Capital Management, Fidelity Management and Research, State Street Research and TIAA-CREF.
The client contact is John McDonough.
APL
CheckFree Investment Services
This system offers portfolio accounting, performance measurement, client reporting and trading tools.
It runs on UNIX/AIX, Windows 95 and Windows NT, with updates via dedicated circuit.
The system is targeted at portfolio managers, back-office managers and traders. Clients include Nicholas-Applegate; Harbor Capital Management; Lord, Abbett; Avatar & Associates; Rittenhouse Financial Services; and Ariel Capital.
The client contact is Jamie Waller.
Global EPVS
Computer Aided Decisions Inc.
This integrated, real-time, multicurrency portfolio management system handles the processing for all equity, fixed-income and derivative instruments traded in markets worldwide. It includes modules for record keeping, precision performance measurement, trade & order management, research, equity and fixed income, DTC interface, reconcilement, client billing, report writing and mutual fund accounting.
The cost varies; there are 25 clients.
It runs on UNIX and Open VMS, with updates via the Internet, Mag tape and Dat tape.
The system is targeted at portfolio managers, operations and management; clients include the DuPont pension fund, Citibank, GlobeFlex Capital and the Florida State Board of Administration.
The client contact is Charles Hunt.
Datastream Research
Service
Datastream International
This research and analytics tool offers the broadest database of international financial and economic information in the world. It focuses on global equity, economic and fixed-income data from more than 60 countries.
The cost varies by database; 5,000 organizations use the system.
It runs on Windows and NT.
The system is targeted at portfolio managers, librarians, analysts, universities and economists; clients include Merrill Lynch, Deutsche Bank, Fidelity, CS First Boston, Goldman Sachs and Wellington.
The client contact is Dan Concannon.
IDEE
decalog
This portfolio and trade-order management software system provides portfolio management and modeling; order management and trading, pretrade compliance; and real-time performance measurement and attribution. It handles an array of functions and operations, workflow formats, and market segments, to link multiple offices and remote locations. It supports a wide range of international investments including equities, fixed income, money market instruments, derivatives, swaps, options, futures and repos in a single enterprise-wide database. Support for all world currencies is built in. The system is Y2K compliant and euro comprehensive; and it interacts with internal and external systems allowing clients to achieve straight-through processing.
It runs on UNIX and Windows NT, with updates via CD and remote-access dialup.
The system is targeted at chief investment officers, portfolio managers, traders, analysts, compliance officers, chief information officers and investment operations staff.
The client contact is Vivian Shpigler.
Global Portfolio System
DST International
This is a UNIX-based, client/server multicurrency portfolio accounting system that provides accurate transaction processing and portfolio accounting for all commonly traded securities in all international markets; with an extensible rules-based design, the system supports all transactions and security types and provides the adaptability to add new instruments and transactions as they emerge.
The cost is $750,000-plus; there are 12 users.
It runs on UNIX (Sun, IBM and H-P), with updates via 4mm tapes, 8mm tapes and CD.
The system is targeted at asset managers, insurance companies and mutual funds; clients include T. Rowe Price, Capital Group and J&W Seligman.
The client contact is Kathy Ball-Toncic.
HiPortfolio/2
DST International
This integrated front- and back-office asset management system is made up of more than 30 modules, each of which provides processing support for a specific category of investment instrument or investment business function. It operates across both PC-based LAN or UNIX systems.
The cost is $250,000-plus; there are 300 users.
It runs on PC networks using Novell Netware or NT, and UNIX (Sun, Sequent or IBM); updates are via CD and disk.
The system is targeted at asset managers, fund managers, pension funds, trusts, custodians, banks, government authorities, life and general insurance companies, and treasuries; clients include Dresdner RCM and Merrill Lynch Asset Management.
The client contact is Kathy Ball-Toncic.
OpenPerformance
Measurement and
Attribution System
DST International
This multicurrency performance measurement and attribution system provides enterprise-wide performance data by integrating with any investment accounting system. It gives investment firms the ability to analyze returns down to the security level in flexible, user-defined performance models vs. market indexes.
The cost is $100,000-plus; there are 16 users.
It runs on UNIX (Sun, IBM HP) and an NT server, or as a remote offering, with updates via 4mm tapes, 8mm tapes or CD.
The system is targeted at asset managers, insurance companies and mutual funds; clients include Allstate Insurance and Delaware Management.
The client contact is Kathy Ball-Toncic.
EPM
Effron Enterprises Inc.
This performance measurement and reporting system works with an unlimited number of segments and subsegments, and an unlimited number of portfolios. Each portfolio is user defined and customizable; returns can be dollar or time weighted, annualized or unannualized, gross or net of fees. The user can enter monthly or quarterly data, enter daily transactions, summarized net flows, or rates of return. There is flexibility in creation of composites; security level analytics are available; it produces high-quality graphs and reports.
It runs on Windows and DOS, with updates on disk or via the Internet.
The system is targeted at consultants, brokerage firms, plan sponsors and money managers.
The client contact is Paul Margolis.
PSN
Effron Enterprises Inc.
This money manager database, search and analysis software system holds data on more than 1,500 managers, more than 5,000 investment products and 8,000 mutual funds. It provides the ability to sort and screen on hundreds of variables. It offers high-quality graphics and report writing capability. Users can create custom benchmarks, unlimited universes for comparative analysis, correlation analysis, style analysis and downside risk analysis. The system provides narrative profiles on managers and products.
There are more than 600 users.
The system operates on PC-based Windows and is updated twice each quarter via disk.
The system is targeted at consultants, money managers, plan sponsors, accounting firms, brokerage firms and actuarial firms.
The client contact is Paul Margolis.
Stars
Effron Enterprises Inc.
This international/global portfolio accounting and portfolio management system prices all held securities nightly, and is customizable to client specifications. It can handle all types of securities and taxable and tax-exempt reporting.
It runs on UNIX and Windows.
The system is targeted at money managers' back offices and consultants.
The client contact is Paul Margolis.
FAME Channel
FAME Information Services Inc.
This system allows clients access to FAME data and analytics via the Internet or by dedicated connection to the FAME central data server. Users can access databases and analytics from their desktop; download data into their spreadsheets using the FAME Populator add-in; and integrate proprietary, third-party or FAME data and models to support their investment decision process.
It runs on Windows NT, HP-UX, UNIX, Solaris and IBM-AIX. Updates are via the Internet, ISDN and Landline, and WAN or Extranet.
The system is targeted at researchers, traders, portfolio managers, risk managers, quantitative analysts and investment bankers.
The client contact is Phil Cenatiempo.
