Alliance Capital Management Will Launch Web Site For Its Institutional Clients

MANAGEMENT & INFRASTRUCTURE

LONDON--If Kathleen Corbet has her way, Alliance Capital Management's institutional clients will soon be using the Internet as readily as retail investors, but Corbet, Alliance's chief of investment operations and the chief executive for the London subsidiary, Alliance Capital Ltd., understands that such a dramatic change won't happen all at once. First, she has to get a Web product up and running, and the design of Alliance's institutional site has only just been started.

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