Shaw Data Services Teams Up With Standard Rate To Add Currency Prices To Bureau

PORTFOLIO SYSTEMS

Shaw Data Services Inc. next year will begin using end-of-day currency prices calculated by Standard Rate Services to value the portfolios of its service bureau customers, according to executives at both companies.

One of the largest U.S. providers of portfolio management services, Shaw was acquired earlier this year by SunGard Data Systems Inc. The company acts as a service bureau but is also working to develop off-the-shelf software products.

John Aufderheide, chief financial officer and se

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