Tech Bytes: Marshall & Ilsley Unit Buys Modeling Product

M&I Data Services has acquired Invest/CFA software from Decision Technologies Inc., an affiliate of BlackRock Institutional Management Corp.

Terms of the transaction were not disclosed.

Invest/CFA is a client/server-based graphical portfolio modeling and analysis tool. It is intended to help investment professionals define investment policy and manage client portfolios. They can view portfolios, screen and filter securities, apply hypothetical trades, and analyze resulting portfolios and their risk/return measures.

M&I, a division of Marshall & Ilsley Corp., will integrate the software into its trust processing technology.

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