Piraeus Asset Management chooses AFA for portfolio management

Piraeus Asset Management chooses AFA for portfolio management

Piraeus Asset Management Company (Pamco) in Greece is to implement AFA Systems' AIMS real-time investment and portfolio management system across its operations.

AFA AIMS is a modular system offering institutional and private investors a complete portfolio modelling and management system across a range of instruments, including equities, capital and money market assets, derivatives, property and foreign exchange.

Under a distribution agreement betweem AFA Systems and ABC Professional Services, Pamco will incorporate a full-scale AIMS solution covering all functions across front, middle and back office, marketing sales and client support.

Jeff Ashbolt, international sales director, AFA Systems, says: "This is the first contract resulting from our distribution agreement with ABC Professional Services, who represent the group and all of its products in the Hellenic region. This contract win endorses our strategy of expanding our international sales network."

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