Mutual Of America Gazes On A Field of Incumbents; Smiles On Advent's Axys

TECHNOLOGY STRATEGIES

Mutual of America, a New York City-based insurance company that markets its services strictly to non-profit organizations, will soon begin evaluating portfolio management and accounting systems. However, it looks like the firm may find itself hosting a one-system race--with Advent Software Inc.'s Axys the only contender. Axys, released last December, is Advent's Microsoft Corp. Windows 3.1-based product.

Mutual, which has $7 billion in assets under management, currently employs a variety of

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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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