ABOUT US

Price Performance Management Systems, Inc. (PPMS) was founded in 2001 to provide software and consulting related to investment performance measurement. The company's first product, PPMS Ver. 1.0, offers an internet-based solution to the computation of performance after taxes. Being internet based, the software has the advantage of being accessible for individuals at home or client service personnel on a laptop from the road. The software is independent of platform and can be run from a UNIX or Apple environment as well as from Microsoft Windows. However, it uses a native-mode Windows SQL 2000 database and stored procedures.

Lee Price, Ph.D., CFA, is a former portfolio manager with RCM Capital Management, predecessor to Dresdner RCM Global Investors, and has over 30 years experience in the investment industry. In addition to roles as analyst, economist, and chief strategist he was RCM's first MIS director and was directly responsible for creating RCM's investment decision-making software (RIMS) and performance reporting software (PERF). In addition to an MBA and Ph.D. from Stanford in finance and his CFA charter, Mr. Price earned a masters in nuclear engineering from MIT.

As a volunteer with CFA Institute (formerly AIMR), Lee has had over 19 years of experience in the area of creating standards for performance presentation. He served as staff to the original AIMR Performance Presentation Standards (PPS) Committee chaired by Claude Rosenberg, Jr., then senior partner at RCM. When Ted Muller, then AIMR Board of Governors Chairman, decided to create a follow-up AIMR PPS Implementation Committee in 1990, Lee was one of the original members and later co-chaired or chaired the committee from 1995-99. He also chaired the first After-Tax Performance Committee in 1994-96 and the Global Investment Performance Standards (GIPS) Committee in 1995-99. Lee is a past member of the AIMR Board of Governors, and is currently chair of the CFA Institute Standards of Practice Council. He is also a current trustee of the Financial Accounting Foundation (parent of the Financial Accounting Standards Board) and a past trustee of the Stanford Institute of International Studies.