Integon Insurance Ousts Oscars, Rejects Prism And Settles On Pam

PORTFOLIO SYSTEMS

Migrating from a mainframe-based architecture to a client/server environment, Winston-Salem, N.C.-based Integon Insurance Inc. recently began installation of Princeton Financial Systems Inc.'s Pam for Securities portfolio management and accounting system. The rollout of Pam concludes what proved to be a particularly rough ride for Integon's incumbent, the ISA/Sungard unit of Sungard Financial Systems Inc. The insurer initially planned to replace its incumbent Oscars system with Sungard's own

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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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