Bisys Group has entered the separately managed account business by creating a new separately managed account division that will cater exclusively to SMA managers and distributors. It will provide an array of services including account administration, portfolio accounting and administration, settlement services and billing.

Bisys said it is in the process of developing strategic alliances with technology and service providers that will serve as the cornerstone for its business.

Copyright 2003 Thomson Media Inc. All Rights Reserved.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.