Friends First Asset Management Is Princeton Financial's First Irish Client

PORTFOLIO MANAGEMENT

WINDSOR, UK--Ending a search that began in March, Friends First Asset Management (Friends) has selected Princeton Financial Systems' PAM investment management and accounting software. Friends will use PAM to manage portfolios of global equities, fixed-income securities and derivatives. Now in a "familiarization" stage, Friends plans to start implementing the system in the beginning of 2001, with completion forecast for August 2001.

Friends had been using DST's Hi Portfolio system, a vestige

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