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CMS Includes Multi-Currency Capability in BondEdge Software; Initial Focus to Be on U.S. Market With Plans to Go International.


LOS ANGELES--(BUSINESS WIRE)--June 8, 1998--Capital Management Sciences, a division of Data Broadcasting Corp. (Nasdaq:DBCC DBCC Daytona Beach Community College (Florida)
DBCC District Business Conduct Committee (NASD)
DBCC Desert Breeze Community Church (Glendale, AZ, USA) 
), Monday announced the latest release of BondEdge, the leading fixed-income portfolio-analysis software used by institutional investors Institutional Investor

A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions.
.

One of the major enhancements in BondEdge version 3.1 is the ability for clients to incorporate non-dollar instruments into fixed-income portfolios for more complete reporting and analysis. While CMS (1) See content management system and color management system.

(2) (Conversational Monitor System) Software that provides interactive communications for IBM's VM operating system.
 will initially market the multi-currency capabilities to U.S. clients, partnering opportunities to take the product overseas are also being explored.

"With EMU emu or emeu (both: ē`my), common name for a large, flightless bird of Australia, related to the cassowary and the ostrich.  fast approaching, there will be ever more opportunities to invest outside the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . More investment management professionals have adopted non-U.S. instruments to round out their portfolios. As the fixed-income asset mix becomes more diversified, it becomes increasingly important to value the complete portfolio of domestic and non-U.S. dollar-denominated securities," said Teri Geske, senior vice president of product development for CMS.

The multi-currency enhancement allows portfolio managers to track exposure to each country and currency represented in a portfolio and converts all holdings into a base currency. Reports provide the ability to show cash flows in each currency coming into a portfolio.

On a daily basis, CMS maintains a currency matrix with exchange rates for twenty currencies. The new multi-currency system also allows portfolio managers to incorporate currency-forward rate agreements into their analyses, showing overall exposure on a hedged and unhedged basis.

Sandie Kinchen, vice president of Fremont Investment Advisors Investment Advisor

1. A person making investment recommendations in return for a flat fee or percentage of assets managed, known as a commission.

2. For mutual fund companies, it is the individual who has the day-to-day responsibility of investing and monitoring the cash and
 in 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 , said, "We use BondEdge to manage over $300 million, of which $250 million is in a global portfolio. When we are able to more efficiently incorporate domestic as well as multi-currency securities in our analysis, we can better focus on our total fixed income portfolio strategy.

"CMS' BondEdge system and the new multi-currency enhancement help to quantify hedging and currency risk more effectively and aids in reporting across all our accounts."

About CMS

Founded in 1979, CMS is the recognized leader in fixed-income analytical software Analytical software is software that is designed specifically for and development of a particular environment or object.  with over 500 institutional investor clients. Long known for BondEdge, CMS is considered an independent source of research, analytics and valuation tools.

CMS is a division of Data Broadcasting, a leading provider of real-time market data, stock quotes, and financial news and information. DBC See dBA.

(language, parallel) DBC - A data-parallel bit-serial C based on MPL. SRC, Bowie MD.

E-mail: <maya@super.org>.
 products include InSite, StockEdge Online, BondVu and Signal Online. More information on CMS and BondEdge is available at www.cms-info.com. Corporate information on DBC is available at www.dbc.com.

    CONTACT: Capital Management Sciences, Los Angeles
              Teri Geske, 310/479-9715 ext. 5308
              tgeske@cms.dbc.com
                      or
              Lorraine DiBacco, 310/479-9715 ext. 5302
              ldibacco@cms.dbc.com


COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Article Type:Article
Geographic Code:1USA
Date:Jun 8, 1998
Words:428
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