Tech Bytes: L.A. Firm in Royal Bank Marketing Pact

Capital Management Sciences, a division of Data Broadcasting Corp., announced a joint development and marketing partnership with the investment banking arm of Royal Bank of Canada.

Capital Management and RBC Dominion Securities will work together to create a Canadian version of the BondEdge risk management software for fixed-income securities portfolios. More than 500 institutional investment firms in the United States use BondEdge.

RBC Dominion will use Canadian BondEdge, scheduled for a Sept. 30 release, to analyze the RBC DS Canadian bond market indexes it releases to Canadian investment managers. RBC Dominion will provide Capital Management with Canadian bond index data and daily prices.

Firms using Canadian BondEdge will be able to compare their performance against the RBC Dominion indices and other selected benchmark portfolios.

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