Fidelity offering public sector electronic asset management
December 14, 1998
Fidelity Investments Public Service Sector Services Company announced that it has introduced SLAMNet, the first electronic asset management, Internet-based product designed specifically for public sector clients. SLAMNet gets its name from Fidelity's acronym for its State and Local Asset Management program. Through a secured website, the company offers access to stock quotes and information from major news services and trade publications. It also gives users the ability to trade Fidelity's institutional money market funds online.