Prudential To Consolidate Processing With IDS' GIM II Accounting System

WatersTechnology Staff
19 Jul 1999

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NEWARK, N.J.--Prudential Global Asset Management is consolidating the portfolio management and accounting systems for its $300 billion in assets under management on Integrated Decision Systems' Global Investment Manager II.

Once the system is live, it will be available to 250 end users. The project is scheduled to take up to three years and cost $25 million, says Michael Garito, a vice president and the company's chief information officer.

Prudential will run GIM II on an IBM RS/6000 server

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