Pacer Deployed, Stein Roe Now Seeks Trading System

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CHICAGO-based Stein Roe & Farnham is currently evaluating equity trade order management systems. The system search follows in the wake of the firm's rollout of the Pacer portfolio accounting system marketed by Financial Models Co. (FMC). Specifically, Stein Roe wants a trade order management system that can run under Windows NT, which the firm aims to make its standard by the middle of next year. The selection of the order management system is tentatively scheduled to take place by the end o