Investment Advisers Inc. (IAI) has purchased Thomson Financial Services Inc.'s Portia portfolio management system to provide accounting, analysis and reporting services to 40 managers, researchers and operations staff at its Minneapolis headquarters. The firm also went live last week with Merrin Financial Inc.'s Merrin Financial Trading System (MFTS)--which it plans to eventually link to Portia.
IAI's search for a new portfolio management system began last September. In addition to Portia, th
The SEC takes a definitive stance on the status of cryptocurrencies; the idea of privacy consistently changes with the introduction of new technologies.Subscribe to Weekly Wrap emails