Ranking the Vendors of Portfolio Management Systems

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13 December 2001


Boston, MA, USA December 13, 2001

Ranking the Vendors of Portfolio Management Solutions

In an indispensable guide for financial institutions selecting a portfolio management system, Celent ranks the leading solution providers

Economic developments over the last two years have created a miserable situation for most players in the asset management world, both institutional and retail. For asset managers throughout the world, it has been difficult to marry the spectacular gains and strong growth of assets under management of the mid-to-late nineties with the rough seas the markets now experience.

Vendor/Solution Rank
Thomson Financial -- Portia 1
Advent Software -- Advent Office 2
Financial Models Company -- FMC Pacer 3

The general industry movement towards automation, resulting in straight through processing and compressed trading and settlement cycles, holds the promise of cost savings and as well as being a competitive differentiator. Those firms capable of demonstrably better performance due to increased internal and external efficiencies will be able to woo more assets under their roof.

While it is impossible to move the market into calmer seas, it is possible for firms serving both institutional and retail investors to improve operational efficiency. Software systems have become useful tools in creating this operational efficiency while at the same time enhancing the client relationship. Portfolio management systems are core pieces of software for asset managers. These systems can help to address market and operational issues, and we expect that increasing interest in portfolio management solutions will translate into strong spending for such systems in the years to come, according to Fritz McCormick, author of the report.

The report highlights current trends in the industry and profiles twelve major vendors.

A Table of Contents is available online.

of Celent Communication's research services can download the report electronically by clicking on the icon to the left.