MANAGEMENT BRIEFS

MANAGEMENT BRIEFS

Portfolio management vendor Integrated Decisions Systems Inc. is cutting back on its New York presence while beefing up its West Coast operation, sources say. IDS is waiting on some big international deals. The deals are there, but the check's not in the mail ...

But industry sources say that another portfolio management vendor, Advent Software Inc., with more than 2,000 clients, continues to pick up business. One company that's losing share to Advent is Shaw Data Services Inc., sources say. Shaw

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A rough race begins: Industry faces uphill transition to T+1 settlement

With T+1 compliance set to begin next May, firms will likely be burdened by reduced IT budgets, existing legacy systems and manual processes over the next 15 months. So, while faster settlement will help innovate the middle and back office, some argue industry needs a longer timeline.

Build versus buy: How to evaluate your software

For as long as the investment management industry has used software, there has been a debate about whether asset managers should build or buy their tools. Jonas Svallin, global head of quantitative research and product development at FactSet, argues that…

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