For Custody Ops, Fidelity Taps Global Plus For Unix


FIDELITY Investments has selected the recently-released Unix-based version of Premier Solutions Ltd.'s Global Plus asset management system. Fidelity purchased Premier's software to support its Asset Services Group's global custody operations. The decision to buy an off-the-shelf system is something of a departure for Fidelity, where portfolio management and accounting technology has to date been dominated by homegrown, mainframe-based systems. Meanwhile, for Premier, the account represents the

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The Cusip lawsuit: A love story

With possibly three years before the semblance of a verdict is reached in the ongoing class action lawsuit against Cusip Global Services and its affiliates, Reb wonders what exactly is so captivating about the ordeal.

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