Merrill Lynch Investment Managers Narrows Focus in Globalization


NEW YORK--Merrill Lynch Investment Managers (MLIM), formerly Mercury Asset Management, Merrill Lynch Asset Management, Hotchkis and Wiley Funds and Merrill Lynch Quantitative Advisors is midway through its 30-month technology overhaul. All that lies ahead: the daunting task of finishing the second and final stage of this effort. Chief technology officer Sean Kelley tells Investment Management Technology that MLIM is already seeing fruits of the work.

The first tasks were attacked in 1999.

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