RXT
Reuters America Inc.
This system does order entry, routing and management and provides global electronic connectivity between exchanges, brokerage houses, branch offices and end-use clients around the world. It can interface with retail order management, risk management and back-office accounting systems.
There are 1,000 users.
It runs on UNIX and Windows NT, with updates via CD and by mail.
The system is targeted at traders and portfolio managers. Clients include PaineWebber, Societe Generale and the Toronto Stock Exchange.
The client contact is Rosanne Donahue.
Sailfish KVAR+
Reuters America Inc.
This firm-wide risk-management system provides comprehensive value at risk and capital allocation capabilities, simulation (historical and Monte-Carlo) methodologies, correlation analyses (including RiskMetrics) and user-defined scenarios.
There are 25 users.
It runs on Windows NT, Windows 95 and Sun Solaris, with updates via CD or by mail.
The system is targeted at risk managers and heads of investment and risk. Clients include Sudameris, Ontario Teachers' Pension Plan, Merrill Lynch and Mobil.
The client contact is Rosanne Donahue.
Russell Performance
Attribution for Windows
Frank Russell Co.
This performance attribution system provides a comprehensive analysis of investment portfolio performance as compared to specific benchmarks; identifies strengths and weaknesses of investment strategies and quantifies skill in asset allocation, security selection and the impact of currency decisions on your portfolio; and provides complete portfolio and index customization.
The cost is $25,000 annually, with a $5,000 setup fee; there are 125 users.
It runs on Windows 95 and Windows 3.1, with updates via the Internet or disk.
The system is targeted at portfolio managers and plan sponsors; clients include Alliance Capital, Citibank Global Asset Management, State Street Research and Management, AIB Govett Asset Management, Rainier Investment Management and WorldInvest.
The client contact is Christy Kitsu.
Russell Performance
Universes for Windows 2.0
Frank Russell Co.
This performance measurement system enhances communication of investment results. It helps design professional, high-quality graphs and reports using portfolio performance data against a backdrop of market indexes and Russell universes.
The cost is $7,000 annually and $4,200 per universe database; there are 615 users.
It runs on Windows 95 and Windows NT, with updates via the Internet and disk.
The system is targeted at money managers and plan sponsors.
The client contact is Christy Kitsu.
Russell Style Classification
for Windows
Frank Russell Co.
This style classification software quantitatively assesses the equity style of managers; allows one to determine style using key portfolio characteristics and historical returns; and provides extensive graphics flexibility to create powerful charts.
The cost is $7,000 annually; there are 19 users.
It runs on Windows 95, Windows 3.1 and Windows NT, with updates via the Internet and disk.
The system is targeted at money managers and plan sponsors; clients include Alliance Capital, Artisan Partners, Duncan-Hurst Capital Management and Investment Advisors Inc.
The client contact is Christy Kitsu.
The Yield Book
Salomon Analytics Inc.
This fixed-income analytical system combines Salomon Smith Barney's financial expertise, comprehensive databases and sophisticated models with state-of-the-art technology. It extends analytics from individual securities to portfolios and indexes; analyzes multiple security types (including derivatives) and multiple currencies in a common framework; and customizes analysis and report formats.
The cost is $60,000 per year for the first license and a sliding scale thereafter; there are 2,000 users.
It runs on Windows 95, Windows NT and UNIX, with overnight updates via client server technology.
The system is targeted at portfolio managers, traders and risk managers.
The client contact is Jill St. Francis.
CAMRA 2000
SS&C Technologies Inc.
This investment management and portfolio accounting software system drives entire investment processes, including trade order management, analytics, compliance testing, performance measurement, securities processing, accounting and reporting.
There are more than 175 users.
It runs on Windows Server NT, Novell, Windows, Windows 95 and Windows NT, with updates via CD.
The system is targeted at portfolio managers, CFOs, client relationship managers and traders.
The client contact is John Kiley.
Total Return
SS&C/Shepro Group
This investment management and portfolio accounting software system does integrated, multicurrency investment management; portfolio accounting; and partnership accounting. It supports reporting, investment management, trading, partnership reporting, financial accounting and administration. Integrated modules include multicurrency portfolio management, general ledger, performance, partnership accounting/tax, trust reporting, and broker/custodian interfaces.
There are more than 90 users.
It runs on Windows Server NT 4.0, UNIX Solaris 2.5.x, Windows, Windows 95 and Windows NT 4.0, with updates via CD.
The system is targeted at portfolio managers, CFOs, client relationship managers and traders.
The client contact is Gary Mills.
Comstock on the Net
Standard & Poor's Comstock
This market data system provides continuously updated real-time market data with quotes, news, charting, analytics and other premier services. It offers instant access to more than 256,000 real-time stocks, options, commodities/futures, foreign exchange, and indexes - all dynamically updated.
The cost per month is $175 for basic and $225 for enhanced. There are approximately 1,000 users.
It runs on Windows 95 or Windows NT, with updates via the Internet.
The system is targeted at portfolio managers, brokers, individual investors, traders and day traders.
The client contact is Charlie Racioppo.
OpenArc
Standard & Poor's ComStock
This market data solution system provides realtime market data that gives instant access to Comstock market information. Features include unlimited programmable quote pages, time of sale, intraday and historical charting, online symbol directory, news retrieval with keyword search, and DDE link. The system is LAN-based and has information from more than 125 sources and exchanges globally.
It runs on Windows 95 and Windows 3.1, with updates via satellite and phone line.
The system is targeted at portfolio managers, traders and mutual fund staff.
The client contact is Charlie Racioppo.
Xpresso
Standard & Poor's ComStock
This Java-based, realtime, dynamically updated financial information desktop system combines comprehensive functionality, portability and ease of use into a single package. Data includes global equities, futures, foreign exchange, fixed income, NASDAQ II, news and other premier services such as First Call, MarketScope and stock reports.
It runs on Solaris, Windows NT, Windows 95 and Java, with updates via Internet.
The system is targeted at retail brokers, bank brokers and financial advisers.
The client contact is Charlie Racioppo.
AIM
Standard & Poor's Micropal Inc.
This quantitative research and institutional marketing software system does statistical computations, asset allocation, style analysis, rate of return calculations, regression analysis, charting and benchmarking.
The annual cost is $12,000; there are two concurrent users.
It runs on Windows 95 and Windows NT, with updates via modem (BBS), disk, CD or FTP.
The system is targeted at research departments, separate account managers, portfolio managers and marketing departments.
The client contact is Amy Kestel.
MaPS
Standard & Poor's Micropal Inc.
This portfolio accounting and management system does full-service portfolio management and accounting for fixed-income funds. It was designed by fixed-income fund managers and supports all aspects of the investment process from transactions processing to billing and reporting.
The cost is $29,500 and up.
It runs on Windows 95 and Windows NT.
The system is targeted at portfolio managers and back office; clients include Putnam, T. Rowe Price, Merrill Lynch and Scudder Kemper Securities.
The client contact is David Sayles.
Workstation
Standard & Poor's Micropal Inc.
This research and retail marketing system does charts, reports and desktop publishing.
The cost is $15,000 per year. There is one user.
It runs on Windows 95 and Windows NT, with updates via modem (BBS) and FTP.
The system is targeted at product development managers, marketing and research departments, portfolio managers and brokers.
The client contact is Amy Kestel.
Invest One
SunGard Investment Systems Inc.
This investment accounting and portfolio management system does multi-currency Y2K- and EMU-ready investment accounting/portfolio management, with browser-based architecture for accessing and analyzing portfolio data via an intranet/Internet link. Key features include a fully integrated general ledger, corporate action integration, capital share accounting, portfolio valuation, timely/flexible pricing links, daily cash management reports, portfolio segmentation, consolidated portfolio reporting, client reporting, performance measurement, investment restriction and compliance monitoring.
The cost is varied; there are 100 users.
It runs on IBM mainframe (3090 or equivalent), UNIX and Remote service, with updates via CD, tape, disk and intranet. The system is targeted at investment accounting, custody/trust administration staff and portfolio managers; clients include Fidelity, Vanguard, Chase, Barclays, Scudder Kemper and American Express.
The client contact is Kevin Rafferty.
