MANAGEMENT BRIEFS

MANAGEMENT BRIEFS

From the rumor mill: Shaw Data Services Inc. is said to be talking to Automatic Data Processing Inc. about a sale of or joint project involving Shaw's Microshaw in-house portfolio management system. The rumors come on the heels of a deal between Advent Software Inc. and ADP (IMT, June 12).

Princeton Financial Systems Inc. has introduced PAM for Mortgages, a management and accounting system for commercial and residential mortgage portfolios. The system runs on local area networked PCs.

Bridge

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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