Babson & Co. Taps ITS To Replace EPVS and Portia; High Volume Major Factor

PORTFOLIO SYSTEMS

CAMBRIDGE, Mass.-based David L. Babson & Co.--with some $5.5 billion in assets under management--recently began its installation of ITS Associates Inc.'s Portfolio Management Information System (PMIS). The firm launched its search for a new system at the end of 1993 to replace not one, but two outdated portfolio management systems. PMIS will eventually supplant Computer Aided Decisions Inc.'s Expanded Portfolio Valuation System (EPVS) and Thomson Financial Services Inc.'s Portia. Both Comput

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