Delaware signs up as beta site for FMC's FIA system

Delaware signs up as beta site for FMC's FIA system

Delaware International is to implement a beta release of the Financial Model Company's (FCM) Fixed Income Attribution (FIA) system.

The FIA system is the most recent add-on module for the FMCSylvan performance and attribution solution, which is used globally by fund managers for measuring and reporting portfolio performance, attribution and risk statistics.

Arthur Van Hoogstraten, IT programme manager, Delaware International, says that an increasing number of institutional clients are demanding attribution measurements of fixed income investments. He adds: "We selected FMC's FIA system because it was the only FIA solution that handles both domestic and international products with ease."

FMC anticipates releasing FIA later this year.

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