11 December 2017
visit www.aciworldwide.com

Physicians Mutual Insurance Company licenses Princeton securities software

18 January 2008  |  2446 views  |  0 Source: Princeton Financial Systems

Princeton Financial Systems, a leading provider of portfolio management and accounting solutions for global institutional investors, announced today that Physicians Mutual Insurance Company has licensed PAM for Securities.

Physicians Mutual will use PAM to manage its $2.5 billion portfolio including fixed income and equity strategies. PAM's extensive functional coverage for Physicians Mutual's current and future investment portfolio, combined with the strength of proven accounting and audit compliance capabilities, were important to Physicians Mutual during their search process. Physicians Mutual's strategic systems direction for a Service-Oriented Architecture also was a key driver in their systems review. PAM's integration capabilities, including available web services, provide a full spectrum of connectivity options and streamlined technology management to Physicians Mutual.

"In seeking a portfolio management system provider, we found that Princeton Financial had a superior product and shared our IT philosophy," said Jim Juhler, senior vice president of accounting for Physicians Mutual. "An experienced leader in investment accounting, PFS was able to meet our needs for deployment of the system. We are pleased to have found a provider who can meet our needs in functionality, technology, and service."

"The ability to support a broad range of complex investment instruments and to provide a modern technology architecture are prerequisites for firms looking to improve their investment technology, " said Lorne Whitmore, vice president of global sales for Princeton Financial. "It is very rewarding to have a firm such as Physicians Mutual recognize our leadership in these areas and our commitment to customer service excellence."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.solutions.lexisnexis.comvisit http://info.nice.comvisit www.aciworldwide.com

Top topics

Most viewed Most shared
Revolut lets customers buy Bitcoin, Litecoin and EthereumRevolut lets customers buy Bitcoin, Liteco...
18227 views comments | 26 tweets | 22 linkedin
Saxo Bank's 'Outrageous Prediction': Bitcoin to peak at $60k next year before spectacular crashSaxo Bank's 'Outrageous Prediction': Bitco...
11132 views comments | 7 tweets | 7 linkedin
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
7076 views comments | 13 tweets | 21 linkedin
Santander UK poaches Barclays innovation chief Michael HarteSantander UK poaches Barclays innovation c...
6495 views comments | 8 tweets | 17 linkedin
Barclays, First Direct and Nationwide join FCA sandbox cohortBarclays, First Direct and Nationwide join...
5894 views comments | 5 tweets | 12 linkedin

Featured job

Competitive
New York, NY - USA (some flexibility on location)

Find your next job