Deutsche replaces portfolio management system
October 26, 1998
Deutsche Asset Management has replaced its portfolio management system, ADP's Maxdata, with Thomson Investment Software's PORTIA system. It will use the system to link its offices in Berlin, Hamburg, Stuttgart, Munich, Dusseldorf and Hannover to its main data hub in Frankfurt. The PORTIA system is already being used by Deutsche foreign affiliates Morgan Grenfell in London and Axiom in Sydney.