Fidelity Spin-Off Devonshire Updates Software, Improves Portfolio Management And Analysis

INVESTMENT ANALYTICS

Next month, Devonshire Technology, a software firm spun off by Fidelity Management & Research Corp. in 1996, plans to add four features to its Sovereign portfolio manager's workstation. The modules include a compliance tracking system, a trade execution function, a database of 8,000 securities and multiple portfolio management capability.

Sovereign is being enhanced just as 18-month old Devonshire has completed hiring a full-time sales force and installing the initial release of the product

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