TIAA/CREF Unit Picks SS&C's Portfolio Accounting Systems

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THE TIAA unit of Teachers Insurance & Annuity Association/College Retirement Equity Fund (TIAA/CREF) has chosen two portfolio accounting systems from Securities Software & Consulting Inc. to support some 200 portfolio accountants and analysts. The pension fund has selected SS&C's so-called Camra and Films systems to manage some $68 billion in combined fixed-income and equities securities and mortgage investments. TIAA's New York City-based portfolio accounting staff are responsible for post-

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