Software Company Merged Back Into Fidelity, Portfolio Workstation Will Be Part Of ATS

PORTFOLIO MANAGEMENT

Devonshire Technologies, one of the units affected by the transfer of Fidelity Technologies to the mutual fund company's venture capital arm, had a brief fling at independence, but ultimately was brought back to the mother ship.

Devonshire was spun off from Fidelity two years ago to develop a portfolio manager workstation, Sovereign. The technology behind Sovereign was picked up when Devonshire purchased Argent Investment Services, which was founded by a team of developers who had worked at V

To continue reading...