Ariel Capital Management Selects Macgregor for Trade Order Management and FIX Connectivity.Business Editors/High-Tech Writers BOSTON--(BUSINESS WIRE)--Jan. 14, 2003 Macgregor(TM), a global provider of buy-side trade order management systems (OMS OMS - Opportunity Management System ) and FIX network services, today announced that Ariel Capital Management, Inc. has selected the Macgregor Financial Trading Platform(TM) (MFTP MFTP Multi-Cast File Transfer Protocol MFTP Multisource Ftp MFTP Multiple File Transmission Protocol MFTP Multicast File Transfer Protocol (TM)) to automate its equity trading In finance, equity trading is the buying and selling of company stock shares. Shares in large publicly-traded companies are bought and sold through one of the major stock exchanges, such as the New York Stock Exchange, London Stock Exchange or Tokyo Stock Exchange, which serve as . Ariel Capital Management chose the Portfolio Management, Compliance and Macgregor FIX Network (MFN MFN abbr. most-favored nation ) components of MFTP. The system will be deployed to 10 users. James Atkinson James Atkinson is the name of:
 This article or section is in need of attention from an expert on the subject.Please help recruit one or [ improve this article] yourself. See the talk page for details. and real-time pre-trade compliance capabilities. Macgregor was the only vendor that could offer us a complete FIX solution that included the FIX software, network and the resources necessary to certify and support all of our broker connections. We were also careful to check the vendor's references and found Macgregor's reputation for on-time and on-budget deployments to be excellent." Tom Chippas, Vice President, Sales, Macgregor, stated, "Ariel was very serious about electronic trading but understood that certifying and maintaining counterparty connectivity via FIX could demand a significant amount of their resources. Since we are the only OMS vendor that provides that service to our clients this factor made our solution very attractive. We look forward to getting Ariel connected to all of their brokers so they can improve the efficiency and performance of their investment operations." About Ariel Capital Management, Inc. Founded in 1983 by John W. Rogers, Jr., Ariel Capital Management, Inc. is a Chicago-based money management firm with over $10 billion in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. . In addition to managing separate accounts for institutional clients, Ariel Capital serves as the advisor and distributor of the no-load Ariel Mutual Funds: Ariel Fund, Ariel Appreciation Fund, Ariel Premier Growth Fund and Ariel Premier Bond Fund. Ariel Fund and Ariel Appreciation Fund have a value bias, seeking long-term capital appreciation by investing in the common stock of undervalued Undervalued A stock or other security that is trading below its true value. Notes: The difficulty is knowing what the "true" value actually is. Analysts will usually recommend an undervalued stock with a strong buy rating. small and medium-sized companies that have been widely misunderstood or ignored by Wall Street analysts, institutional investors and the media. Alternatively, Ariel Premier Growth Fund focuses on large, growth-oriented companies and Ariel Premier Bond Fund is the firm's high-quality fixed income option. About Macgregor Founded in 1991, Macgregor has set the standard in trade order management systems for the global buy-side community. Macgregor's unique architectural approach to developing workflow solutions is embodied in its Extended Order Management System, the Macgregor Financial Trading Platform (MFTP), which combines powerful decision support, compliance and trading tools with a fully integrated and supported FIX network (MFN). This system helps move information through the entire investment process with increased speed, accuracy, and efficiency, resulting in better investment performance. Macgregor's extended architecture affords its clients and partners the efficiencies and power that can only be achieved through a large, diverse and well-connected community of users. With over 220 employees located in offices in Boston, New York Boston is a town in Erie County, New York, United States. The population was 7,897 at the 2000 census. The town is named after Boston, Massachusetts. The Town of Boston is an interior town of the county and one of the county's "Southtowns. , San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , London and Madrid, Macgregor helps more than 80 of the largest institutions in the world manage over $5.5T in global assets. |
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