Teachers ready for second phase of Icon ASP project

PORTFOLIO MANAGEMENT AND TRADING

LONDON -- In early May, Teachers Provident Society Group -- the fifth-largest UK-based friendly society, with £921 million in funds under management -- signed a five-year, £350,000 deal with Thomson Financial for use of its Icon ASP fund management and administration platform.

The system -- which has been live for around two months -- was implemented to support Teachers’ life, pension and unit trust funds and offer the company a system that could be extended to provide pricing services to

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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