Vestek, a division of financial accounting software developer Primark of San Francisco, has improved its portfolio performance measurement software to now process real-time market data, enabling portfolio managers to determine the actual price at which they purchased securities. Previously, this product, called Portfolio Analyzer, only provided end-of-day market data.

Portfolio managers and investors obviously pay close attention to a fund's daily net asset value, said Lawrence Cipolla, vice president at Waddell & Reed Investment Management of Overland Park, Kan. However, there had not been software that enabled fund portfolio managers to track the performance of their individual holdings based on the actual price at which they bought or sold the individual securities, Cipolla said.

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