Alliance Capital Networks UNIX, DOS Processors

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Alliance Capital Management L.P. is live at its New York offices with an applications platform for traders and portfolio managers that it expects to cater to its requirements for the next 10 years. The platform uses networked UNIX workstations and PCs for access to market data, analytical applications and the firm's proprietary portfolio management system.

Alliance's project was begun in late 1990. According to Ron Valeggia, executive vice president, the firm completed installation of the core

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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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