Puerto Rico's Doral Financial Corporation has implemented Cor Financial Solutions' portfolio management and accounting product, Paragon.
Doral licensed Paragon to manage its securities investment portfolio. The firm will use the system to handle portfolio asset positions as well as liability and funding operations.
Yamil Perez, project manager, Doral Financial Corporation, says: "The implementation of this solution will provide us with tighter controls and increased productivity that will lead to lower costs."