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JEFFERIES & CO. DEPLOYS CLARIFI

Global investment bank Jefferies & Co. has adopted ModelStation from Boca Raton, Fla.-based ClariFI, a quantitative portfolio management software vendor. The investment bank will use ModelStation to support its quantitative strategies group. ModelStation offers back-testing and strategy simulation designed to decrease the time required to research and test trading strategies, ClariFI officials say. The software integrates with Jefferies' third-party data

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