Franklin Buyout Of Templeton Forces Rethink Of Systems
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Franklin Resources Inc.'s purchase of Templeton, Galbraith & Hansberger Ltd. will complicate ongoing technology projects at Franklin. Templeton's technology implementation efforts, meanwhile, remain on course with the installation of a Maximum Data Corp. portfolio system at its data center in Florida. The installation apparently remains unaffected by the change in corporate climate.
Franklin's accounting department is searching for an automated trading system: a front-end installation that will
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