First Quadrant Readies Shaw's On-Site To Support Equity Portfolio Managers

TECHNOLOGY STRATEGIES

First Quadrant Corp. plans to extend its use of Shaw Data Systems Inc.'s On-Site in-house portfolio accounting and management system. The firm will go live with On-Site to support its equity portfolio managers and operations staff this April. The system was originally rolled out last February to support First Quadrant's futures division. Meanwhile, the firm is also in the midst of collaborating with Shaw to develop a set of derivative accounting modules for On-Site.

Based in Pasadena, Calif

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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