Toronto Manager Installs Thomson's Portia, Turn-Key System Replaces Service Bureau

PORTFOLIO MANAGEMENT

TORONTO--Knight, Bain, Seath & Holbrook Capital Management, a C$11 billion investment manager, has licensed Thomson Financial Systems' Portia portfolio management system and plans to have the installation completed by the end of the year. The value of the license was not disclosed.

The company had been using Sungard Data Systems' Shaw On-Line service bureau for the past six years, but had decided that it needed to move its processing in house, says Paul Batho, Knight, Bain's chief operating

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