To Handle Widening Range Of Financial Services, Allmerica Financial Buys Pam


Worcester, Mass.-based Allmerica Financial, a diversified group of insurance and financial services companies, is in the process of installing Princeton Financial Systems Inc.'s Pam for Securities and Pam for Mutual Funds portfolio management and accounting systems. In all, Pam's two systems will support some $10 billion in assets managed by Allmerica Financial and its subsidiaries.

While Allmerica officials were impressed with the insurance-oriented functionality of Princeton's systems, it was

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