Morningstar, Inc., a provider of investment information and analytical tools, announced that Morningstar Advisor Workstation, an online investment-planning platform for financial advisors, now includes information on nearly 20,000 variable annuity/life subaccounts. Morningstar Advisor Workstation gives financial advisors the ability to create and communicate advice for clients and prospects. Workstation streamlines all of the assessment, research, and portfolio-management tasks, helping financial advisors to maximize their productivity.
Barclays Capital, the investment-banking division of Barclays PLC, announced the appointment of two managing directors to expand the firm's Latin America debt-capital-markets capabilities. Raul Ponte joins as head of sovereign coverage for LatinAmerica and Diego Gradowczyk joins as Head of Latin America Credit Trading, both based in New York. Mr. Ponte, joins Barclays from Dresdner Kleinwort Benson, where he held the position of managing director, head of sovereign coverage. Mr. Gradowczyk joins Barclays from the Compass Group LLC, an investment-management firm focused on emerging markets, where as a partner, and member of the Investment Committee he oversaw the firm's investments across the asset class.
ADVISORport has appointed Denis N. Houser as its new senior vice president and national sales manager. He will report to Steve DeAngelis, president. Previously, Mr. Houser, 40, was managing director of RTE Asset Management and its parent company, Rightime Econometrics, Inc. Before joining RTE, he worked as an independent-financial advisor and held a position at First National Bank of Maryland. Philadelphia-based ADVISORport is an application-service provider, serving independent advisors, independent broker-dealers, bank/trust companies and money-management firms.
CheckFree Investment Services announced that FundQuest Incorporated is poised to go into production later this month with CheckFree APL WRAP. The CheckFree platform will serve as the trading and reconciliation engine behind a branded, fee-based workflow solution from Boston-based FundQuest to its client base of financial services firms. FundQuest develops and operates Web-based managed account platforms for financial institutions that want to enter the separate accounts arena with a time-to-market service, by avoiding the trouble of building a system from scratch and supervising operational maintenance.
SS&C Technologies, Inc. announced One Investments, the Lugano, Switzerland-based advisor to the Antares European Fund hedge funds has successfully implemented SS&C's Antares trade-order management and P&L reporting system, for hedge-fund management. This solution provides for total trade order management, cash management, and exposure reporting. Supporting real-time pricing and P/L, Antares facilitates investment decisions across most investment types. SS&C Technologies also has developed special interfaces for seamless communication between One Investments, their custodian, Morgan Stanley, and their Administrator, IFS.
The trade-order management vendor, The LongView Group, announced that beginning immediately, The LongView Group will be known as Linedata Services, Inc. In addition, The LongView Group's London-based subsidiary, LongView (UK) Ltd., will now be known as Linedata Services (UK) Ltd. The LongView brand will continue to represent the firm's premier trade-order-management product line. The LongView Group, Inc., was acquired by Paris-based Linedata Services in March 2001.
Also, Linedata Services announced that Trust Company of the West has implemented the LongView 2000 trade-order-management system. Since announcing the deal with TCW, Linedata Services has brought LongView 2000 up-and-running in TCW's Los Angeles and N.Y. offices. TCW uses LongView 2000 to support its U.S. equities-trading operations. In addition, LongView 2000's open, COM-based architecture allowed TCW to build proprietary, add-on modules to the core product. These modules support the institution's trading strategies, and via industry-standard COM-based technology, allow for seamless connection to future product releases and upgrades.