FNBC Trust Turns On Advent's Professional Portfolio System

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The personal trust and investments division of First National Bank of Chicago (FNBC Trust) has chosen a new portfolio management system from Advent Software Inc. to interface with its trust accounting system. The firm began rolling out Advent's Professional Portfolio system to 40 portfolio managers and assistants last month, to provide them with performance reporting services.

In advance of selecting Advent's system, FNBC Trust also evaluated Thomson Financial Services Inc.'s PC-based Portia

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