Batterymarch To Lease Technology To Foreign Money Management Firms
THIS WEEK'S LEAD STORIES
Batterymarch Financial Management, the Boston money manager known for using computers to manage its $10 billion of assets, has embarked on a project to lease that technology to a small number of foreign money managers with global equities accounts. The firm has begun to overhaul the systems it has developed over 20 years, in anticipation of recruiting these clients as early as a year from now.
The package Batterymarch intends to lease will include hardware, software and data. The firm will
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