Stephens Capital Selects Data Exchange's WinDX, As Shaw Beta Fizzles

PORTFOLIO SYSTEMS

Little Rock, Ark.-based Stephens Capital Management (SCM), with roughly $3 billion under management, has selected Data Exchange Inc.'s WinDX portfolio management system. In September, Stephens signed a 32-user agreement for WinDX, even though there were already almost a dozen users relying on a system from Shaw Data Services Inc.

A Stephens source says that within two to four months, the WinDX system should be in operation, although the conversion time is hard to determine due to other

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