Prudential Insurance Co.'s capital management group has postponed plans to go live with Prism, a portfolio accounting system marketed by Information Systems of America (ISA). The decision--due to difficulties in completing the huge implementation project within a tight deadline--follows Prudential's abandonment last spring of plans to install Texas Instruments Inc.'s Maximis, also because of tight deadlines.
The firm had been set to go live with the system Jan. 1 (IMT, Jan. 8). But after miss
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