Prudential Licenses Princeton's Pam, Will Phase Out Legacy Environment
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NEWARK, New Jersey--Prudential Investments, the $200 billion arm of Prudential Insurance, has licensed Princeton Financial Systems' Pam for Securities to handle the accounting for an approximately $40 billion portfolio of private placements. The contract was signed after a five-month test that concluded earlier this month, and a Princeton official expects the installation to be completed by early 1999.
Princeton will not disclose the full value of the contract, although a spokesman for the co
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Wavelength Podcast Episode 138: Nasdaq-Cinnober Tie-up & 10 Years After Lehman's Collapse
A look at Nasdaq's potential acquisition of Cinnober and whether Wall Street has learned anything 10 years after Lehman's collapse?
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