Twentieth Century Insurance Selects Princeton's PAM To Replace Bond & Stock

PORTFOLIO SYSTEMS

Woodland Hills, Calif.-based Twentieth Century Insurance Group has selected Princeton Financial Systems Inc.'s PAM for Securities portfolio management and accounting system--but won't be able to bring the new system live as quickly as it had hoped. While the firm once aimed to run its 1995 year-end reports in parallel on both its incumbent system and PAM, officials there now doubt whether Twentieth Century will be able to bring it live before the end of the first quarter of 1996.

The insurer

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