Princeton Financial Systems Wins Prestigious "Outsourcing Provider of the Year" Award

27 May 2009

Princeton Financial Systems (PFS), a State Street company and leading provider of investment accounting, investment compliance, data management and reporting solutions to the global investment industry, has been named "Outsourcing Provider of the Year" by an independent judging panel at the ICFA Global Awards 2009 held on May 7 in London.

ICFA Global Awards are initiated by International Custody and Fund Administration Magazine (ICFA) to recognize excellence in the industry. The awards cover 25 categories and areas of achievement. PFS has won the "Outsourcing Provider of the Year" award in recognition of its ePAM hosting and data center outsourcing services. ePAM automates complex investment accounting workflows and lets clients focus on their business while PFS takes care of technology issues and operations in its dedicated data center.

"We thank ICFA for choosing Princeton Financial Systems as Outsourcing Provider of the Year. We are very proud to win this award which recognizes our long-term experience as a provider of hosted solutions and data center outsourcing services to the international investment industry. Princeton Financial Systems has just recently opened its newly built world-class data center. With eMIG21, our latest Software as a Service addition, we offer a leading and cost efficient investment compliance hosting solution to clients who wish to outsource their compliance infrastructure at no risk", says James Russo, CEO of Princeton Financial Systems.

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