1 year ago

Prudential Investments, the $200 billion arm of Prudential Insurance, licensed Princeton Financial Systems' Pam for Securities to handle the accounting for an approximately $40 billion portfolio of private placements. Prudential licensed Pam to replace a home-grown system after a five-month search. Like many insurers and investment managers, the Newark, New Jersey, company had managed its private placement portfolio with a mix of host-based systems and personal-computer

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