INVESTMENT TECHNOLOGY NEWSFLASHES

London investment firm selects FMC; Optas to license PAM; DST developing bond attribution product.

TT International Investment Management, a London-based asset manager specializing in equity, has selected Financial Models Company to automate Microsoft PowerPoint-presentation generation. The Toronto-based investment-management vendor will provide TT International with FMCPowerPages to provide its institutional and hedge-fund clients with presentations on investment accounting and performance data. TT International was already using other FMC products such a FMCPacer, FMCRecon, FMCSylvan, FMCNet and FMCPages.

Optas, an insurance company based in Rotterdam, Holland, has chosen to license PAM, the portfolio-management and accounting system from Princeton, N.J.-based Princeton Financial. The pension-benefits firm has also licensed PAM's Import Module to automate incoming data such as transactions, security-master-file descriptive data, and market data. In addition, Optas will use the vendor's Export Module to enable users to export data warehouses, other applications and reporting tools.

A fixed-income-attribution product is under development from DST International, a U.K.-based asset-management vendor. The module, which will be part of its Hilnvest suite of portfolio-management products, will be released in February 2004.