News in brief - 2

- The Bank of Bermuda's Global Fund Services (GFS) division and software provider Beauchamp Financial Technology (BFT) have launched GFSTrade, a front-office and portfolio management platform. The system provides traders with connectivity to more than one prime broker, near real-time reporting of profit and loss, trading and position data. Stuart Farr, chief executive of BFT, said the software for GFSTrade was based on Beauchamp's FundManager product, which has been sold to more than 80 fund

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