Ranking the Vendors of Portfolio Management Systems 2003

July 21, 2003

Abstract

Boston, MA, USA July 21, 2003

Ranking the Vendors of Portfolio Management  Systems 2003

In a new, indispensable guide for financial institutions selecting portfolio management systems, Celent Communications compares twelve applications offered by the leading software vendors in the US and Europe

.

In a new report entitled Ranking the Vendors of Portfolio Management Systems Celent provides an in-depth analysis of each vendor; the solutions are evaluated and graded based on a variety of factors, including the vendor's track record for speedy implementations, scalability, flexibility, cost, as well as a number of other criteria.

These systems once performed only standard accounting and tracking. Today痴 new breed of portfolio management system capitalizes on being part of every aspect of the investment management business.

"The potential to improve operations across the enterprise represents a real opportunity. When selecting a provider, the financial institution should take a holistic approach that includes understanding how this system will support new business, the investment process and customer retention," said Denise Valentine, a Celent securities and investments analyst and author of the report.

"There are many vendors of portfolio management systems and the universe only continues to expand as veteran firms reinvent themselves, others increase cross-border activity, and global IT powerhouses leverage their know-how and infrastructure in the financial services industry." said Valentine.

Results were derived from interviews with the vendors, as well as discussions with users and other market participants.  The rankings are given in Tables 1 and 2, below.

Top Portfolio Management System Vendors - North America
Ranking Vendor
1 Integrated Decision Systems (IDS)
2 Financial Models Co. (FMC)
Source: Celent Communications
Top Portfolio Management System Vendors - Europe
Ranking Vendor
1 SimCorp A/S
2 Odyssey Asset Management Systems
Source: Celent Communications

Celent is a research and advisory firm dedicated to helping financial institutions formulate comprehensive business and technology strategies. Celent publishes reports identifying trends and best practices in financial services technology and conducts consulting engagements for financial institutions looking to use technology to enhance existing business processes or launch new business strategies. With a team of internationally based analysts, Celent is uniquely positioned to offer strategic advice and market insights on a global basis. Celent is a member of the Oliver Wyman Group, which is a wholly-owned subsidiary of Marsh & McLennan Companies [NYSE: MMC].

Media Contacts

North America
Michele Pace
mpace@celent.com
Tel: +1 212 345 1366

Europe (London)
Chris Williams
cwilliams@celent.com
Tel: +44 (0)782 448 3336

Asia (Tokyo)
Yumi Nagaoka
ynagaoka@celent.com
Tel.: +81 3 3500 3023

Table of Contents

 

Boston, MA, USA July 21, 2003

Ranking the Vendors of  Portfolio Management  Systems 2003

Return to report Abstract

 

EXECUTIVE SUMMARY 3
INTRODUCTION 5
TRENDS 6
THE TECHNOLOGY TODAY 9
VENDOR PROFILES 12
  Advent Software 15
  CGI 16
  DST International 17
  Eagle Investment Systems 19
  EFFRON Enterprises 20
  INDATA 22
  Integrated Decision Systems 23
  Financial Models Company 25
  Odyssey Asset Mgt. Systems 27
  QED Information Systems 29
  Pulse Software Systems 30
  SimCorp A/S 31
  SunGard Investment Management Systems 33
COMPARING THE VENDORS 35
  Best-of-Breed Providers 40
  The Rankings 40
CONVERSION, IMPLEMENTATION, SERVICE & SUPPORT 42
  Implementation Success 42
  Setting Expectations 45
  Service Infrastructure 46
CONCLUSION 50

 

        

Sign in to download reports and access personalized information