Fidelity Trust Unit To Pit Shaw Against Belvedere
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Fidelity Management Trust Co., a subsidiary of Fidelity Management & Research Corp., plans to pit Shaw Data Services Inc.'s new On-Site portfolio management system against Belvedere Financial Systems Inc.'s Global Portfolio System (GPS) in evaluations set to begin this Spring. Fidelity is seeking an onsite system with multicurrency portfolio management and commingled fund accounting functions, neither of which are provided by the Shaw bureau service it currently uses, sources say.
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