Alliance Capital Nixes Portfolio System Vendors--Will Build Its Own Instead

PORTFOLIO SYSTEMS

After two years of searching, Alliance Capital Management L.P. has finally decided on a portfolio accounting and management system. Having failed to find a satisfactory off-the-shelf software package that met its list of requirements, Alliance has decided to build a proprietary system.

The lengthy evaluation process involved two groups; one that looked at the feasibility of developing a homegrown product and another that methodically evaluated--and rejected-- a long roster of vendor-provided

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: