The Spaulding Group - Management Consultants and Information Providers to the Money Management Industry

THE SPAULDING GROUP TO SURVEY INDUSTRY ON PERFORMANCE MEASUREMENT TECHNOLOGY

Five firms sign on to cosponsor

Somerset, NJ – April, 2001.

The Spaulding Group, Inc. (TSG) announced today that its latest survey of the money management industry will address performance measurement technology. So far, five firms have signed on to cosponsor this event: SunGard, Statpro, Thomson Financial, Financial Models, and Ashland Accounting.

TSG has surveyed the industry on a regular basis since 1993. Last year, TSG conducted two surveys: their first on the "performance measurement professional," which addressed the roles, responsibilities, characteristics, and makeup of performance measurement organizations and their fourth survey on the performance presentation standards. This latest survey is the first time the firm will address performance measurement technology.

"It's quite clear that performance measurement technology is an important topic for money managers," said TSG's president, David Spaulding. "We're often asked to conduct software searches and it's a topic of interest at our forum meetings and conferences. This survey will help answer many questions these firms have."

The survey will address the technology that's used to:

calculate account-level rates of return,
support compliance with the AIMR-PPS™ and/or GIPS™ standards,
measure, monitor, and manage risk, calculate performance attribution, and
perform style analysis.

This is not the first time TSG has addressed technology. The survey has twice each before addressed portfolio accounting and trade/order management systems.

Surveys will be distributed in April. Results are expected to be available by June. TSG will host luncheon presentations of the results in both the States and Europe. Details will be forthcoming.

The Spaulding Group, Inc. 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 publishes The Journal of Performance Measurement®, a quarterly publication they launched in 1996, and hosts the Performance Measurement Forum. The firm also offers a two-day introductory course on performance measurement and will soon have a course on performance attribution. The company was founded in 1990 by David Spaulding and provides services and products to financial institutions throughout the world.