Provident Life Embraces Princeton Financial's Pam

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Provident Life & Accident Insurance Co. has selected Princeton Financial Systems Inc.'s Pam for Securities to support some 50 users in its so-called investment department and investment accounting unit. The insurance company, which is scheduled to go live with Pam on IBM OS/2-based workstations in the fourth quarter, chose Princeton's portfolio management and accounting system over Securities Software & Consulting Inc.'s Camra.

Provident plans to install Pam in place of its two incumbent systems

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