MANAGEMENT BRIEFS

MANAGEMENT BRIEFS

Softbank

's $91 million investment in Morningstar has given the Japanese firm a 20 percent interest in the Chicago-based mutual fund information company. When combined with existing funds, the proceeds from Softbank's investment give Morningstar approximately $100 million to invest in its Internet and on-line businesses.

JP Morgan & Co.

says Sungard Data Systems' Infinity subsidiary, the publisher of risk management software, has joined the technical committee sponsoring the FpML (financial

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Waters Wrap: The tough climb for startups

Anthony speaks with two seasoned technologists to better understand why startups have such a tough time getting banks and asset managers to sign on the dotted line.

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