Investment Technology Briefs

Barclays Life Assurance Company recently selected an investment management, valuation and fund accounting system from Linedata Services. The solution, Icon, has gone live at Barclays Life's U.K. offices. Linedata acquired Icon product, staff and client base from Thomson Financial in February, after Barclays Life had signed a three-year deal with Thomson. Barclays Life is using Icon on a managed-services basis.

SunGard Investment Management Systems has released a fixed-income component of its performance measurement and attribution solution, Xamin. SunGard worked with Deutsche Asset Management in London to develop fixed-income breadth and consistent methodology for investment managers at global institutions. The feature was presented at the 2003 Annual Conference for the Association for Investment Management and Research.

New Frontier Advisors, a Boston-based technology-development firm, has released a new version of its desktop and server-based technology for asset allocation and portfolio management. The vendor says that the software provides a method for converting an optimized portfolio into one that can be invested using a post-optimization algorithm. The software also contains additional functionality such as multiple-case comparisons, cash-flow assumptions and consideration of management fees.