Andersen Is Our At Aetna As Insurer Opts For MAXIMIS

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AETNA Life Insurance Co, will install Texas Instruments Inc.'s Management Information System (MAXIMIS) portfolio management system at its Hartford. Conn., offices. Texas Instruments beat out competition from Securities Software & Consulting Inc. and Andersen Consulting Inc., which had been working with Aetna to build a custom portfolio management system that Andersen now markets under the name Invest/1.

Aetna's decision is a blow to Andersen Consulting, because of the relationship Anderson had

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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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