Conseco Mulls Custody Gate For Camra Portfolio System To Eliminate Manual Exchange

PORTFOLIO SYSTEMS

Conseco Inc., whose insurance groups handle some $12 billion in assets, is still without electronic delivery of custodian and pricing information for its Securities Software & Consulting's (SS&C) Camra portfolio management system, which was installed last year. The firm is now mulling an interface between Camra and Conseco custodian Bankers Trust Co.'s Bank Link electronic interface system, sources say.

The bulk of Conseco's holdings are in Treasury securities and mortgage-backed instruments.

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