Frank Russell/Mellon Plans Web-Enabled Portfolio Attribution Software

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NEW YORK--Russell/Mellon Analytical Services plans to launch a Web-enabled version of its portfolio performance attribution software in the second half of 2000, the first of Russell/Mellon’s products to migrate to the Web.

Version 3.0 of the Russell Performance Attribution (RPA) system is slated to be released in late summer 2000, according to Mark Hansen, director of sales & marketing at Russell/Mellon, and is the first release in planned suite of Web based products. The RPA system is not de