02:22 PM
Investment Management Newsflashes
U.S. Bancorp Picks Real-Time Portfolio Accounting Tool
U.S. Bancorp Fund Services, a subsidiary of Minneapolis, Minn-based holding company, U.S. Bancorp, selected Advent's Geneva, investment accounting and portfolio management software. The software will be used to support the company's hedge fund and offshore fund clients. According to Christine Gray, VP of U.S. Bancorp Fund Services, the company chose Geneva for its flexibility to create custom reports for investments that are new to the market.