Smith Barney Pits Quotron Against ADP In Functionality Test

THIS WEEK'S LEAD STORIES

Smith Barney, Harris Upham & Co. invited Quotron Systems Inc. and Automatic Data Processing Inc. to an all-day shoot- out last month. The firm used the session to evaluate the respective vendors' systems ahead of the expiration of its current contract with Quotron.

With operations executives, retail branch managers and users in attendance, ADP fired first, demonstrating an RS/6000 server running Smith Barney's arsenal of customized applications. Incumbent vendor Quotron displayed its service and

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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