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J. & W. Seligman Mulls Upgrade Or Replacement Of Incumbent Nids System

PORTFOLIO SYSTEMS

J. & W. Seligman is wending its way through the thickets of high-end portfolio management systems in a quest to upgrade or replace its current National Investors Data Services Inc. (Nids) Nidsport system.

According to industry sources who'd seen a request for proposal issued recently by Seligman, the firm seeks to upgrade to a UNIX platform with relational database functionality and multicurrency capability. Seligman's Nidsport system currently runs on Data General Corp. hardware.

The firm has

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