Though word emerged earlier this fall that Hyperion Capital Management Inc. was hatching plans to replace its portfolio management system from Princeton Financial Systems Inc. Hyperion president Ken Weiss now says the firm has no such plans. On the contrary, Weiss says Hyperion is currently installing the newest release of Princeton's Pam for Securities--version 4.1.
The new Pam release will handle portfolio management and accounting functions for Hyperion's $4 billion in assets. Hyperion, a
IBM makes headway with blockchain and encryption services; the FCA's Stephen Hanks says firms need to make decisions about their ARMs and APA providers soon.Subscribe to Weekly Wrap emails