Global Investment Systems (GIS) has launched MFACT 5.0, the latest of the MFACT line of mutual fund accounting systems software, first introduced in May 1997. Version 5.0 has a compliance module to create and perform customized queries against fund data, as well as a portfolio data extract process for users to gather calculated data values from a portfolio's current open positions and tax-lot records. Other features include a customizable toolbar, user-definable fields and a calendar-based

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