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Summit banks on FMC for portfolio accounting and reporting

24 July 2002  |  1752 views  |  0 Summit banks on FMC for portfolio accounting and reporting

Summit Investment Partners has selected Financial Models Company's FMCPacer and FMCPages for portfolio accounting and client reporting, respectively.

The FMC solution was chosen after a competitive evaluation. FMCPacer went live last month and FMCPages is scheduled to be installed next quarter. Both products will be used to support Summit's institutional clients.

Dave Mazza, director of distribution platforms, Summit, says: "FMCPacer is easy to use and FMCPages offers broad client reporting functionality. In addition, with FMCPacer we get more than just a basic accounting engine. It's also a one-stop environment for managing pricing data and corporate actions updates."

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