Princeton Financial Systems has advanced the ball on its business plan with respect to a Swiss-developed asset management system it acquired earlier this year. Princeton acquired the system--the DOS-based Orbits Asset Management System (AMS)--from Zurich-based Watkins & Associates. Princeton intends to use AMS to carve itself a market niche among European investment managers. The vendor also plans to upgrade AMS to run on Windows NT.
Watkins's client list for AMS includes Deutsche Bank, Hambr
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails