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
The SEC takes a definitive stance on the status of cryptocurrencies; the idea of privacy consistently changes with the introduction of new technologies.Subscribe to Weekly Wrap emails