Source: Princeton Financial Systems
Arrowpoint Capital, an insurance group, has selected ePam from Princeton Financial Systems (PFS) as its hosted investment accounting solution.
With USD 2.5 billion in assets invested in fixed income and equity securities, Arrowpoint requires a sophisticated investment accounting solution. It is also important to Arrowpoint to have a smooth conversion to the new system, maintaining the same key functionalities as before without investing a significant amount of time and money. ePAM meets those needs, since it can be seamlessly integrated with the organization's General Ledger system.
"With ePAM, we are able to reduce our technology infrastructure and operating costs and have the benefit of a market-leading investment accounting system," said Mr. Davenport, Controller at Arrowpoint Capital.