Lidner Funds Tests GIS's MFACT For Windows


St. Louis-based Lidner Funds is beta-testing Global Investment Systems' MFACT for Windows, the latest flavor of the vendor's mutual fund accounting software. Using the DOS-based MFACT since 1993 for portfolio accounting, Lidner is hoping MFACT for Windows will not only speed up processing, but also offer the necessary investment management features to support its some $3.8 billion in assets under management.Lidner uses MFACT to support its seven mutual funds, of which the two largest were es