Avatar Associates Eyes Service Bureaus To Handle Multicurrency Portfolios

PORTFOLIO SYSTEMS

Avatar Associates is conducting tests of multicurrency portfolio accounting systems to provide portfolio accounting and performance reporting services to its six portfolio managers and operations personnel. The firm's new system may eventually support as many as 20 users at its New York City headquarters: Once Avatar chooses its portfolio system, the firm's sibling company, the Zweig Organization, will likely use it as well. According to Glenn Finn, a systems manager at Avatar, the firm is c