News in brief - 3

Maximum Dynamics, a software vendor supplying the fund management and investment community, has said two hedge funds are beta testing its Datalus product. The customers are funds based in Colorado and the supplier expects to complete the beta testing process in March. Maximum Dynamics said it aims to have a standalone, retail version available to investment professionals by late 2003. In the meantime, the company will continue to pursue new fund administration sales contracts.


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