Thomson's Asset Backed Group Unveils Almont Portfolio System For Mortgage-Backeds, CMOs

PORTFOLIO SYSTEMS

Thomson Financial Services Inc.'s Asset Backed Securities Group (ABSG) has released a new portfolio management system, the Almont Portfolio Manager (APM). ABSG claims the portfolio accounting system, which makes use of the group's pools of asset- and mortgage-backed securities, is the first of its kind in the fixed-income market.

APM appears to complement Thomson's existing Portia portfolio management system. The product is targeted at the investment accounting departments of regional banks and

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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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