FOR IMMEDIATE RELEASE

For Further Information, call:

David Spaulding, President

732-873-5700

 

THE SPAULDING GROUP TO CONDUCT TRADING SYSTEMS SURVEY

Four Vendors Sign on as Cosponsors

Somerset, NJ - April 22, 1999. The Spaulding Group, Inc. (TSG) is launching a survey to determine the attitudes, plans, and opinions of money management firms regarding their trading systems.

        TSG conducted a similar survey in 1996, that was very well received by the money management industry. The 1999 survey will touch on all systems used within a money management firm's trading environment, including trade/order management, market data, and pricing systems.

        "Trade/order management systems have become a fairly standard part of the trading process" said TSG's president, David Spaulding. "The market is very different than it was three years ago, with new vendors and increased functionality. We're anxious to find out what the market thinks about their systems. We also want to find out what other systems are being used in the industry."

        Four trade/order management system vendors will cosponsor this survey: Décalog, LongView Group, MacGregor Group, and SS&C Technologies. Other interested vendors are invited to participate as cosponsors. Cosponsors provide funding and ideas for the surveys' content.

        The survey questionnaire is being developed and should be distributed in May. TSG hopes to have the results available by late July or early August. The survey will focus primarily on U.S.-based money management firms.

        In addition to the earlier trading systems survey, TSG conducted performance surveys in 1993, 1995, and 1997, a portfolio accounting systems survey in 1994, and a portfolio accounting / year 2000 survey last year. TSG has also conducted proprietary surveys for its clients.

        Survey participants will receive complimentary copies of the results. It is TSG's policy to insure confidentiality of the participants, so details that would jeopardize this confidentiality will not be shared with cosponsors or other parties.

        TSG is a management consulting, research, publishing and training firm that serves the money management industry in the areas of computer technology, operations, performance measurement and reporting, and marketing.

        TSG also publishes The Journal of Performance Measurement, a quarterly publication they launched in 1996 and hosts the Performance Measurement Forum.

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