State Farm Begins Rollout Of Pam For Mutual Funds To Support $3 Billion

PORTFOLIO SYSTEMS

Bloomington, Ill.-based State Farm Insurance Co. is completing installation of Princeton Financial Systems Inc.'s Pam for Mutual Funds portfolio management and accounting system. State Farm selected Princeton's PC-based system last fall to handle its investment funds for State Farm employees, totaling some $3 billion in assets. At the same time State Farm tapped Princeton, the insurer selected the mainframe-based version of Premier Solutions Ltd.'s Maximis portfolio accounting system to support

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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