Wm. Blair & Co. Taps Advent; Will Unit Reconsider, Too?

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By replacing Security APL Inc.'s service bureau-based system with Advent Software Inc.'s Microsoft Corp. Windows-based Axys, Chicago-based William Blair & Co.--an investment banking and brokerage firm--has put pressure on its investment management affiliate to do likewise. In the past, both William Blair & Co. and William Blair Investment Management have relied on Security APL's service bureau to support their respective portfolios, which are in excess of $4 billion apiece. But now, thanks t

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