New Survey Of Investment Portfolio Accounting Systems Shows Lots Of Change Ahead

PORTFOLIO SYSTEMS

Approximately 35 percent of money management firms questioned in a recent survey are dissatisfied with the capabilities of their portfolio accounting systems. And for those firms that have replaced their portfolio systems--or have considered doing so--fully half were motivated by a lack of specific functionality. Nonetheless, nearly 70 percent of the firms that responded to the survey say they would recommend their current portfolio accounting system vendor.

The survey was conducted by Somers

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