Travelers Insurance Chooses Three Princeton Systems For $35 Billion Portfolio

PORTFOLIO SYSTEMS

HARTFORD, Conn.-based Travelers Insurance has selected a trio of systems from Princeton Financial Systems Inc. to support its $35 billion portfolio. Travelers--which is scheduled to go live with Princeton's Pam for Securities, Pam for Mutual Funds and Pam for Trading by the end of 1995--plans to install Princeton's systems in place of its mainframe-based incumbent, known as Fundtrac. Travelers is a subsidiary of Travelers Group, a financial services conglomerate that also owns Smith Barney I