Sun Life U.S. Deploys PAM--Princeton System Beat Out SS&C's Camra For The Job

PORTFOLIO SYSTEMS

Wellesley Hills, Mass.-based Sun Life U.S.--a subsidiary of Sun Life Assurance Company of Canada--is currently installing Princeton Financial Systems Inc.'s PAM for Securities and PAM for Mutual Funds portfolio management and accounting systems. Sun Life U.S. tapped Princeton earlier this year--rejecting competitor Securities Software & Consulting Inc. (SS&C)--to support a $7 billion portfolio comprised primarily of fixed-income securities, equities and private placement investments. Sun Life U

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Crypto exchange EDX takes its tech into its own hands

The crypto exchange and clearinghouse, founded in 2022 by industry heavyweights, has built out its technology to meet the needs of the institutional market. In the process, it has learned important lessons about partnering with vendors, building in-house, and, ultimately, control.

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