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Tuesday, April 27, 2004

GIS Ties to Fund Data

by: Theresa Sim

Standard & Poor's will supply pricing data for New Jersey-based software firm Global Investment Systems' MFACT fund accounting system, GIS announced Monday.

MFACT is software system for fund accounting, administration and management.

Clients using the MFACT system can also choose data from Interactive Data, Muller, J.J. Kenny, Merrill Lynch, Bloomberg, and Bridge.

GIS adds data providers depending on client demand, said John Bowen, client relationship manager at the software provider.

The software firm targets TPAs and fund families with six to 20 funds for its MFACT system. Clients include Safeco Funds, Pioneer Investments, and UBM Sunstone. 

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