Survey: Money Managers Satisfied With Systems--But Seek Big Improvements


A recent portfolio accounting system survey conducted by the Advisors' Back-Office Group Inc. shows that while most money management firms are satisfied with their systems, they are not exactly enthusiastic. The survey--dubbed the Portfolio Accounting Systems 1995 Client Satisfaction Survey--reports industry-wide approval in the areas of overall performance, the amount of system downtime, ease of information retrieval, calculation and storage of rates. On the other hand, users were quick to