Sun Life U.S. Deploys PAM--Princeton System Beat Out SS&C's Camra For The Job

PORTFOLIO SYSTEMS

Wellesley Hills, Mass.-based Sun Life U.S.--a subsidiary of Sun Life Assurance Company of Canada--is currently installing Princeton Financial Systems Inc.'s PAM for Securities and PAM for Mutual Funds portfolio management and accounting systems. Sun Life U.S. tapped Princeton earlier this year--rejecting competitor Securities Software & Consulting Inc. (SS&C)--to support a $7 billion portfolio comprised primarily of fixed-income securities, equities and private placement investments. Sun Life U

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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