Princeton Financial® Systems Introduces PAM® for Investments - TMCnet Princeton Financial® Systems Introduces PAM® for Investments - TMCnet

Thursday, May 17, 2012

Princeton Financial® Systems Introduces PAM® for Investments - TMCnet

Princeton Financial® Systems Introduces PAM® for Investments - TMCnet

TMCNet:  Princeton Financial® Systems Introduces PAM® for Investments

Princeton Financial® Systems Introduces PAM® for Investments

PRINCETON, N.J. --(Business Wire)--

Princeton Financial Systems, a global leader in providing accounting, compliance and reporting solutions to the investment industry, has introduced PAM for Investments, the next generation of flexible and scalable investment accounting platforms, offering seamless integration and an efficient user-friendly interface.

PAM for Investments' 3-tier client/server architecture offers horizontal and vertical scalability, simplified installation, and flexible deployment. With multiple custom dashboards, users can effectively analyze and manage exceptions throughout the trading and investment lifecycle. Built on the Microsoft (News - Alert)® .NET framework, PAM for Investments employs the Microsoft Office® Fluent™ User Interface featuring ribbon-based navigation offering users the familiar experience found in the latest Microsoft Office suite of products as well as increased productivity and lower total cost of ownership.

"After seeing usability improvements for the next generation of PAM, we're excited and looking forward to using it. Princeton Financial involved us and several other asset management and insurance firms in the redesign effort from the start of the project, which enabled clients to guide the effort of building a high quality, productive user experience. The end result is that PAM for Investmnts is easy to navigate and we can accomplish tasks more quickly - I see immediate time savings," said the Mortgage Guaranty Insurance Corporation.

"Our PAM suite of products and services is a leading international investment accounting solution that supports the needs of a diverse range of clients globally. Offering custom features, seamless integration and flexible deployment, PAM for Investments builds on the over 20 years of accounting solutions that Princeton Financial Systems has to offer," said James Russo, CEO, Princeton Financial Systems.

The overall user experience includes:

� Easy-to-use user interface with customizable grids and workflows the way clients want them

� Extensive data exporting capabilities to drive analysis of ever-increasing amounts of financial data

� Support for multi-lingual interfaces

� Microsoft .NET (News - Alert) 3-tier client/server architecture that provides efficiency in scaling investment accounting operations globally

� Deployment flexibility with installed and SaaS (News - Alert) (Cloud) environments

� Simplified software maintenance and upgrade cycles

� Seamless integration with other elements of the client's investment architecture with a web services based architecture and SDK (Software Developer's Toolkit).

About Princeton Financial Systems

Princeton Financial Systems, a State Street company, is a leading provider of investment accounting, investment compliance, data management, performance measurement, and reporting solutions to the global investment industry. Our solutions are used worldwide by over 430 leading investment managers, custodians, insurance companies, pension funds, hedge funds, and banks in more than 40 countries

Our PAM family of systems consists of leading international investment accounting solutions that support the accounting needs of +370 clients around the globe. Seven of the world's largest global custodians monitor investment compliance with MIG21 powered by its LawCards suite of rule libraries for global compliance.

Princeton Financial Systems, headquartered in Princeton, NJ, has offices located throughout the United States, Canada, France, Germany, the Netherlands, Switzerland, the United Kingdom, Malaysia, and Singapore.

For more information, visit our website at

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Business fails to realise social media potential - Computer Weekly

Global companies are failing to exploit the business opportunities created by social media. 

The B2B sector in particular is failing to spot the benefits and risks of social networking, according to research.

Over half of B2B businesses have no means of tracking conversations about them on social media platforms, according to a survey of over 1,000 global businesses.

The survey, carried out by cloud-based customer experience software maker Satmetrix, found 75% of B2B companies do not measure or quantifying social media activity.

B2C businesses faired a little better, with only 22% having no means of tracking social media conversations and 67% not measuring or quantifying social network references.

Businesses, most notably in the retail sector, are using social media to communicate with potential customers. But 55% of businesses fail to respond to customer feedback. 

IDC Retail Insights says 30% of European retailers plan to introduce social media tools in the next two years. 

“Businesses recognise the need for a social media strategy, however many are challenged in putting an effective strategy in place,” said Richard Owen, CEO at Satmetrix. 

“Whilst 77% of consumers post comments about products, 67% of businesses have no means of measuring what is being said and fewer than one in 20 have any insight into the sentiment of what is being said.”

He said this is a massive lost opportunity. “Not only are companies running the risk of losing customers by not addressing their issues shared online, but they are also walking past the opportunity to capitalise on positive comments made on the social web.”

Andrew Poppleton, managing director of Accenture's UK and Ireland Technology Group, recently told attendees of a HP customer event in London that socially-driven IT is impacting businesses, with some integrating social media into their core systems and processes. 

"Instead of interacting with customers only through callcentres, some businesses are adding social media like Twitter as new entry points," said Poppleton.

Suppliers are reacting to this demand. Indian IT services firm Infosys has a platform aimed at supporting enterprise known as iEngage. This supports sales and marketing through ensuring the business is getting the right online information, via social media, to and from customers. 

It also links into an eCommerce system which enables customers to immediately buy in the same place as they receive information and then manages the customer's purchase lifecycle. 

There is an employee collaboration platform that helps the business share knowledge. This enables information to flow between employees and customers, employees and employees and employees and managers.

Read more about social media

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