Boston-based Independence Investment Associates, with some $20 billion in assets under management, is upgrading its Barra Inc.-provided equity analytics software. Independence currently runs Barra's Microsoft Corp. Windows-based Aegis product in parallel with its two DOS-based Barra precursors, Activops and Iporch. The cutover to Aegis should take place near the first of the year.
According to Steve Lanzendorf, vice president of equity research at Independence, the money management firm's
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