Prudential Taps Maximis For $90 Billion Installation
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Prudential Insurance Co. has signed a contract to install Texas Instruments Inc.'s upgraded Investment Management Information System--known as MAXIMIS--at its Roseland, N.J., data center. The system will eventually provide accounting and reporting functionality for $90 billion or more in fixed-income and other funds.
"We've signed a contract and brought the system in," says Tony Latini, vice president, investment operations systems and reporting. "Now we're trying it out to see what we think of
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