South Carolina Office of the Treasury, Columbia, will install the QED IMS-2000 portfolio management and investment accounting system next month to manage $23 billion in combined treasury and state pension assets. The South Carolina State Retirement System has $19 billion in assets.
The QED system supports treasury management and portfolio accounting. The software will allow treasury officials to measure and monitor investment performance and compliance while tracking investments and transactions.
The state has been using an internally designed system installed in 1987.