Princeton, USA (April 27, 2006) – Princeton Financialâ Systems announced the recent signing of a Bermuda based investment manager. The company will use PAM to manage their $500 million in assets under management. PAM will be used in multiple locations and has replaced the company’s in-house accounting system.
Princeton Financial Systems, a wholly owned subsidiary of State Street Corporation, is a leading provider of investment management and accounting systems and ASP services for global institutional investors. Its flagship PAM investment management systems provide comprehensive functionality that can be licensed for in-house use or accessed via the Internet. PAM systems are currently used worldwide by over 375 leading investment managers, insurance companies, mutual funds and unit trusts, pension funds, hedge funds, endowments, banks, and corporations, which manage combined total assets of over €3 trillion.
Princeton Financial has offices located in the United States, United Kingdom, the Netherlands, Australia, Singapore, and Canada.