Service To Help Money Managers Detect Market Timing

BISYS Group Inc. hopes to profit from helping financial services companies avoid market-timing problems.

Speculators who time the market make a series of rapid trades in an effort to benefit from inefficiencies in the flow of financial information. The practice is not necessarily illegal, but the U.S. Securities and Exchange Commission discourages money managers from allowing unfettered marketing timing without thorough disclosures to investors because of concerns that market timing drives up fund costs for ordinary, buy-and-hold shareholders.