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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel? -- Ignore unavailable to you. Want to Upgrade?

To: Ed Flynn who wrote (20014)	3/31/2003 8:49:31 AM
From: StocksMan	Read Replies (1) \| Respond to of 20297

Placemark Investments Integrates CheckFree APL's Multiple Strategy Portfolio Functionality With Its TOTAL Overlay Portfolio Management Services Monday March 31, 8:32 am ET Overlay Manager Adds CheckFree APL Capabilities To Provide Highly Personalized, Tax Optimized Separately Managed Accounts ATLANTA and JERSEY CITY, N.J., March 31 /PRNewswire-FirstCall/ -- CheckFree Investment Services, a division of CheckFree Corporation (Nasdaq: CKFR - News), today announced completion of work with Placemark Investments centering on integration of multiple strategy portfolio (MSP) functionality available through CheckFree APL with Placemark's TOTAL Overlay Portfolio Management Services program. CheckFree Investment Services is the leading provider of outsourced trading, portfolio management, accounting and reporting services to broker/dealers and money managers in separately managed accounts (SMA). Placemark Investments is an investment management and technology firm dedicated to delivering highly customized, tax optimized separate account solutions to trusted advisors and their clients. As an overlay portfolio manager, Placemark works with program sponsors to create and run highly personalized, tax managed separate account and multi- style portfolio products. Sponsors select the money managers who work with Placemark and chose the style and asset class diversification of each MSP. Placemark integrates the input of multiple investment managers with a specific client tax profile to arrive at a customized and tax efficient solution. Placemark's services allow program sponsors to use CheckFree APL's MSP functionality for current custodial and trading relationships, accounting systems, and client servicing infrastructure. This approach also supports the use of either Placemark's roster of integrated money managers or the sponsor's preferred or internal money managers. . . biz.yahoo.com