Suppliers of portfolio management software adopted a variety of strategies in 1997, and these primarily reflected the markets they served.
Plenty of money managers installed Windows front ends. Some large managers switched suppliers in search of greater flexibility, enough so to make for an active market in new accounts. Then there were a handful of companies that consolidated operations and software platforms.
But if one trend could be seen as dominating the year's developments in investment
Bill Murphy, CTO of Blackstone, once again joins the podcast to discuss the private equity firm's new offices, designed to house its innovations team.Subscribe to Weekly Wrap emails