Scudder Stevens & Clark Inc. is working with DST Belvedere to build a portfolio accounting system to meet Scudder's specifications. The firm's goal in the project is to consolidate all of its portfolio management functions onto a single platform. Scudder currently uses both an internally developed mainframe-based system and Thomson Financial Software's PC-based Portia. The New York City-based investment manager and mutual fund company maintains $100 billion in assets under management.
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails