Strong Demand Benefits Performance Market, Global Growth On The Agenda For 1999

PERFORMANCE MEASUREMENT

NEW YORK--In 1998, performance measurement applications were one of the fastest growing segments of the investment software market.

Licenses for portfolio management systems may be worth much more, and risk management grabbed the boldest headlines, particularly in the aftermath of the bailout of Long Term Capital Management (October 9). But the past 12 months were a period when several money managers moved ahead with new performance measurement systems.

For many years, vendors supplied only we