National Life Gives Princeton Another Nod: Pam To Handle Stock Trades, As Well As MBS

PORTFOLIO SYSTEMS

MONTPELIER, Vt.-based National Life Insurance Co. has selected Princeton Financial Systems Inc.'s Pam for Securities portfolio management and accounting system to support its $4 billion in assets under management. National Life--which is scheduled to go live with Princeton's system in the second half of this year--plans to install Pam in place of its two mainframe-based incumbent systems. Until the transition is complete, National Life will continue to use Securities Software & Consulting

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