Boston Mutual Fund Adopts Linedata for Fund Accounting
"The aspect of Mfact functionality that appealed most to Northeast was the flexibility of the General ledger," says Michael Galvin, product manager at Linedata Mfact. "It allowed Northeast to easily match their workflows to Mfact and was not something that other solutions could offer."
Boston-based Northeast Investors Trust manages a high yield bond mutual fund valued at $665m.
Once the system is up and running, David sees more possibilities: "I see further advantages in terms of reports we'll
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