NEW York City-based Reich & Tang Funds is installing Thomson Investment Software's Portia portfolio management system to provide trading support in its money market fund trading department. Reich & Tang gave Thomson the nod earlier this year to support some $7 billion in assets under management.
Although Reich & Tang has already inked the deal with Thomson, the firm is still testing Portia. "We are definitely going with Portia, but we are not in production," says Andrew Mintz, systems manager
James and Anthony talk about the looming Sibos event in Toronto and take a look at some recent M&A activity and blockchain developments in the capital markets.Subscribe to Weekly Wrap emails