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

PORTFOLIO SYSTEMS

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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Waters Wrap: The tough climb for startups

Anthony speaks with two seasoned technologists to better understand why startups have such a tough time getting banks and asset managers to sign on the dotted line.

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