ITS Associates, Inc. a software developer based in Wellesley, Mass., has hired Jonathan Golub as vice president and director of business development. Previously with Financial Models Co. in New York, Golub will serve as head of marketing for ITS's PMIS multi-currency portfolio accounting software. His responsibilities will also include implementation planning, product strategy and client policies.

Thomson Financial Services Inc.'s CDA Investment Technology Inc. subsidiary has begun development

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