Saturday, October 13, 2007

The U.S. Fund Accounting Systems Review 2007

Barrington delivers yet again a new research on fund accounting systems in the US (the equivalent latest version of their European counterparts is dated 2003).

The following systems were reviewed:
  • Eagle Investment Systems- EagleSTAR
  • LineData (GIS)- MFACT
  • IGEFI- MultiFonds
  • SimCorp- SimCorp Dimension
  • State Street Bank- PAS
  • SunGard LLC- InvestOne
I just wonder why StateStreet PAS (or PAM) is on there - it is not sold to clients (as much as I know), but part of the service offering at StateStreet.

Obviously, two systems that are originated in Europe seam to be able to get enough attention to be on that exclusive but not exhaustive list: MultiFonds and Dimension. I wonder why systems like MPacs (from Phoenix Systems) or Geneva (from Advent) are not on the list (just to name two).