New Mutual Fund Manager Florida League Of Cities Will Roll Princeton Systems

PORTFOLIO SYSTEMS

As it prepares to register itself as a mutual fund manager with the Securities and Exchange Commission, Florida League of Cities is deploying a pair of portfolio management and accounting systems marketed by Princeton Financial Systems Inc. The League has selected the vendor's Pam for Securities and Pam for Mutual Funds to support a portfolio consisting exclusively of fixed-income securities and valued at some $500 million.

Based in Tallahassee, Florida League of Cities is a nonprofit association

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