Playing Fair

THE INSIDE TRACK

Last month, Global Investment Systems (GIS) and FT Interactive Data (FTID) introduced an interface to more effectively determine net asset values (NAVs) for international securities held by mutual fund management companies. FTID is supplying its Fair Value Evaluation Service as a software application within GIS’ MFACT service, which is an automated system to support mutual fund investment and financial accounting, particularly for funds and unit trusts that compute daily NAVs.

A spokesperson