Reich & Tang Taps Portia For Trading Support At Its Money Markets Desk

- WatersTechnology Staff
- 11 Oct 1996

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

NEW York City-based Reich & Tang Funds is installing Thomson Investment Software's Portia portfolio management system to provide trading support in its money market fund trading department. Reich & Tang gave Thomson the nod earlier this year to support some $7 billion in assets under management.

Although Reich & Tang has already inked the deal with Thomson, the firm is still testing Portia. "We are definitely going with Portia, but we are not in production," says Andrew Mintz, systems manager at

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@waterstechnology.com

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@waterstechnology.com

More on Trading Tech

Better tech brings threat of two-speed trading in fixed income

Smaller asset managers may get left behind as automation allows the big players to prosper.

30 Nov 2023

Waters Wrap: Examining ASX’s CHESS do-over

The Australian exchange was the first exchange to be all-in on DLT—and the project failed. Anthony speaks with ASX’s Tim Whiteley to discuss the lessons learned and why he thinks the second attempt will succeed.

27 Nov 2023

Can machine learning help predict recessions? Not really

Artificial intelligence models stumble on noisy data and lack of interpretability

22 Nov 2023

GenAI and HFT: A competitive edge?

Timing is critical in the capital markets. IBM researchers say genAI’s predictive abilities in combination with AI/ML models can translate into profitable HFT opportunities.