Portia APO Is Last Piece Of Lazard's Big Project

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New York City-based Lazard Freres Asset Management is putting the finishing touches on its installation of Thomson Investment Software's Portia Advanced Platform Option (Portia APO), the latest version of the vendor's portfolio management and accounting system. Lazard first brought Portia APO on board in 1994, serving as Thomson's exclusive sole partner for the product (IMT, March 18, 1994); the product was made available to the general marketplace last month. Lazard's Portia upgrade represents

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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