Phoenix Investment Management Upgrades To NIDS' UNIX Platform Linked To Macintosh Terminals

PORTFOLIO SYSTEMS

Phoenix Investment Management is installing National Investor Data Services Inc.'s UNIX-based NIDS/Port portfolio management system in an upgrade from the DOS-based NIDS/Port system it currently uses. Phoenix's portfolio managers will access the new system via a network of Apple Computer Inc. Macintosh II computers.

Phoenix is a Rhode Island-based investment management company with more than 100 clients. The firm has more than $200 million under active management in fixed-income securities

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