To: ztect who wrote (2005 ) 1/4/1999 5:00:00 PM From: esecurities(tm) Read Replies (1) | Respond to
>>The "News""...Data Broadcasting Corporation (Nasdaq: DBCC - news), today announced the release of a new Cash Management Module in its BondEdge portfolio analytics software package. Designed for financial institutions managing money market mutual funds and short-term investment portfolios, the new module monitors the composition of taxable and tax-exempt funds to ensure compliance with SEC 2a-7 regulation...''Compliance continues to be a high profile issue for investment managers regardless of whether they are managing short-term or long-term portfolios. Over the years, SEC guidelines for money market mutual funds have become more restrictive, requiring managers to implement an automated and real-time compliance system,'' said Laurie Adami, chief operating officer at CMS. Sanwa Bank California's investment management department was instrumental in helping CMS develop the Cash Management Module . ''Compliance is an important part of our investment management process and helps us measure risks surrounding our mutual funds,'' said David Lampert, fund manager, Sanwa Bank California. ''We recently introduced two new money market funds so having the compliance reports in BondEdge will help us manage the process and monitor our funds on a daily basis..." biz.yahoo.com Bloomberg , Reuters and or a Japanese multinational, especially, given Japan's economic situation, in particular, and worldwide competitiveness, in general, .e.g. Sanwa would be the most logical, first-tier acquiror's of DBCC [and their Internet market dominance] should that be in the cards...[emphasis added ].
