Thomson Financial Services Inc.'s Asset Backed Securities Group (ABSG) has released a new portfolio management system, the Almont Portfolio Manager (APM). ABSG claims the portfolio accounting system, which makes use of the group's pools of asset- and mortgage-backed securities, is the first of its kind in the fixed-income market.
APM appears to complement Thomson's existing Portia portfolio management system. The product is targeted at the investment accounting departments of regional banks
IBM makes headway with blockchain and encryption services; the FCA's Stephen Hanks says firms need to make decisions about their ARMs and APA providers soon.Subscribe to Weekly Wrap emails