CPAM renews SunGard e-processing contract

CPAM renews SunGard e-processing contract

Close Private Asset Management Ltd (CPAM) has extended its license for SunGard's Web-enabled private client investment management service, PAL.

PAL offers administration services to UK-based private client stockbrokers and fund managers. Under the license extension, CPAM will continue to use PAL to complement and automate its bespoke discretionary investment service.

Christopher Boon, managing director of CPAM comments: "The PAL system has the stability and reliability essential for supporting our business. We look forward to the ongoing development of PAL and SunGard Investment Management Systems in the UK".

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