Source: Princeton Financial Systems
Princeton Financial Systems' newest client, Cohen and Steers Capital Management, has licensed the ePAM portfolio management and accounting system for their $12 billion mutual fund and $3 billion institutional accounts.
ePAM was selected for its ability to handle Cohen and Steers' requirements for fund accounting and portfolio management.
Cohen and Steers is a leading manager of income-oriented equity portfolios. They specialize in REIT common and preferred stocks, utility common stocks, global real estate securities and preferred securities, serving both institutional and individual investors. They will use ePAM to streamline operations by providing a single system for all their positions.
"We are honoured to have been selected," said Lorne Whitmore, Princeton Financial Systems' Managing Director of Global Sales. "We believe that Cohen and Steers' selection of ePAM is a testament to its ability to meet the needs of the mutual fund market."