Amvescap Extends McGregor Deal To 330 Positions Globally

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HOUSTON--Amvescap has signed a 330-position license to install McGregor Group's MFTP order management system throughout its asset management operations globally. The agreement extends an earlier implementation of the system at Amvescap's AIM Capital Management and Invesco units' offices in Houston, New York and London.

Under the new accord, Amvescap will be able to use MFTS -- acquired by McGregor through its purchase of Merrin Financial last year -- at 14 sites worldwide. Slated for immediat