Lincoln Financial Group Selects PAM for Investments to Enhance Portfolio Accounting for International Holdings, Sophisticated Investment Instruments

Princeton, NJ - 24 July 2013

Princeton Financial® Systems, a part of State Street Global Exchange, today announced that Lincoln Financial Group has signed on to its PAM ® for Investments solution for their investment accounting needs. Lincoln Financial is already a PAM for Mortgages client, and the company chose to expand its partnership by upgrading its portfolio accounting to handle complex instruments such as fixed income.

“As a PAM for Mortgages client, we have already experienced first-hand Princeton’s client service and innovative technology,” said Brad Jeffrey, assistant vice president, Treasury and Investment Operations at Lincoln Financial Group. “Their flexible and dynamic platform, global functionality, and personalized support contributed to the success of our first implementation. It also played a key role in our decision to expand the partnership, and we look forward to the additional support provided by the PAM for Investments platform.”

PAM for Investments offers horizontal and vertical scalability, simplified installation, and flexible deployment. With multiple custom dashboards, users can effectively analyze and manage exceptions throughout the trading and investment lifecycle. Key features and benefits include:

  • Multi-basis, multi-jurisdictional reporting accounting: local GAAP, TAX, Stat, Management, IFRS
  • Multi-currency based with bifurcation of FX and Market G/L
  • Accounting across all asset classes: equities, fixed income, derivatives, structured products, options, futures, swaps, real estate investments, private placements
  • Full Net Asset Value (NAV) calculations for single or multi-class funds
  • Integrated GIPS-compliant performance measurement, attribution and analysis

“We are honored to have earned Lincoln’s confidence and to be selected again as their technology partner,” said, Chris Farber, Chief Marketing Officer at Princeton Financial Systems. “Leveraging decades of experience developing accounting technology solutions, we are adept at managing implementations for large, complex organizations managing sophisticated portfolios and look forward to building on the success of our PAM for Mortgages implementation to deepen our relationship with Lincoln and help them better serve their clients.”

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