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Madura Updates Tool For Inventory Contract Management

ADMINISTRATION AND CUSTOMER SERVICE

NEW YORK--Madura Associates, a market data management consultancy, will be adding usage network sniffers to its Maidas inventory contract management expense software by the end of the second quarter. A sophisticated soft-dollar management module has also just been added.

The soft-dollar module quantifies and qualifies soft-dollar payment arrangements a firm may have with third parties, vendors or exchanges. The network sniffers speed the time it takes to produce usage reports, says Tom Boran

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