Swiss Insurer Winterthur Plans To Scrap Proprietary System For Pam

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WINTERTHUR, Switzerland--Winterthur Swiss Insurance Co., the insurance subsidiary of Credit Suisse Group, last month signed a license with Princeton Financial Systems for that company's Pam portfolio management system and Software Development Kit. Implementation is already underway, and should be completed by the spring of 2000, says Thomas Graf, a member of management and the company's head of securities administration.

Graf would not disclose the cost of the license.

Pam will be replacing tw