Saratoga to Deploy Nirvana Multi-Prime Platform

The offering will be integrated with any of the execution management systems (EMSes) provided by Saratoga's three custodian brokers-Goldman Sachs Execution and Clearing, JPMorgan Clearing Corp., and Interactive Brokers, says Lance Baraker, a managing director with Saratoga Prime Services.

Currently, Saratoga has no clients in production with the new platform. "However, we do have three or four firms interested in it," says Baraker. "With today's volatility, portfolio managers need to manage risk

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