BondWave releases new application
LISLE -- BondWave LLC announced the release of version 2.0 of Program Portfolio Manager, an application that allows broker-dealers to create and manage custom portfolios of individual bonds based on software-driven investment models. The new version includes additional functionality to support BondWave's Index Targeted Models, scheduled for availability in early 2008. Index Targeted Models will facilitate the creation of bond portfolios with a correlation and beta similar to municipal bond indices from a leading provider of fixed income benchmarks.
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