Nicholas Applegate's Overhaul Creates Need For Real-Time Portfolio Accounting

PORTFOLIO MANAGEMENT

SAN DIEGO--Nicholas Applegate Capital Management is quickly discovering that overnight batch processing in its portfolio accounting just isn't going to cut it much longer.

Now that NACM, which has $30 billion in assets under management, has completed the work on revamping its trading systems, pre-trade analytics and compliance tools, it's gearing up for the next phase which will see it push toward real-time portfolio accounting.

At this stage, NACM has yet to map out a specific course for such an

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