Dutch Money Manager Replaces Proprietary Systems With Thomson's Portia
PORTFOLIO MANAGEMENT
AMSTERDAM--Delta Lloyd, a Dutch subsidiary of UK insurance giant Commercial Union has completed implementing Thomson Investment Software's portfolio management system, Portia, in its fund management division, which has $40 billion in assets under management.
The Thomson system replaces a combination of internally-developed systems, including an investment system for loans and bonds, an assortment of Excel spreadsheets, and an investment software system developed by Dutch bank Mendegans, which was
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