Cramer Rosenthal McGlynn Commits To Service Bureau--NIDS Out For Security APL

PORTFOLIO SYSTEMS

New York City-based investment advisor Cramer Rosenthal McGlynn is live with Security APL Inc.'s Portvue portfolio management and accounting service bureau to support some $1.8 billion in assets under management. The deployment marks the end of a 10-year incumbency at Cramer of National Investor Data Services Inc.'s NIDS/Port system. It also marks the start of strong commitment by the firm to outsource processing for portfolio accounting.

According to Gene Trainor, Cramer senior vice president

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