Alliance Capital Struggles With Delays During Camra Installation

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NEW YORK--Alliance Capital Management's installation of SS&C Technologies' Camra 2000 portfolio management system is behind schedule and at risk of missing a January 1999 deadline the institutional asset manager has set to complete an important phase of its Year 2000 testing, sources say.

Alliance, in managing a $25 billion account for Equitable Life Assurance, implemented Camra as an upgrade from an outdated accounting system that runs on a Hewlett-Packard environment. The system, called

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