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02 December 2009 Princeton Financial Systems launches MIG21 Data Manager24 November 2009 PFS new newsletter is online!Our newsletter service informs you concisely and regularly about news at PFS. Of course, this service is free of charge for you and can be cancelled at any time. Please read our latest edition. 17 November 2009 Princeton Financial® sponsors Excellence in Technology Education AwardPrinceton Financial® Systems (PFS) sponsored the Excellence in Technology Education Award at the New Jersey Technical Council (NJTC) Awards Gala on November 17 in Somerset, NJ. The Award recognizes New Jersey's top technology companies who have made an outstanding contribution to securing and promoting New Jersey as a go-to destination for technology-based innovation and entrepreneurism. Jim Russo, President and Chief Executive Officer of Princeton Financial Systems and a NJTC board member, presented the Excellence in Technology Education Award to DeVry University.
More12 November 2009 Atlantic Fund Administration monitors US 1940 Act Compliance with MIG21® and LawCards® by Princeton Financial®The implementation of the new scalable compliance infrastructure for regulatory and contractual compliance monitoring was finalized in a record timeframe. MIG21® is hosted in PFS' state-of-the-art data center in New Jersey. The solution, eMIG21, has been integrated with SunGards Asset Arena accounting system, market data providers and other internal systems, and replaces an installed commercial compliance system.
More10 November 2009 Princeton Financial® Systems implements LawCard enhancements for US Money Market FundsVersion 2.0 of Princeton Financial® Systems' US-1940 Act LawCard is available. This LawCard update helps clients comply with stronger regulation. US-1940 Act LawCard 2.0 supports the US Securities and Exchange Commission's (SEC) June 2009 money market reform proposal for improving the liquidity, maturity and quality of the investments made by money market funds.
More09 November 2009 NEUE BANK Liechtenstein selects Liechtenstein LawCardNEUE BANK Liechtenstein, a satisfied MIG21® client since 2007, has now also licensed PFS' Liechtenstein LawCard. By deciding to use standardized LawCards, NEUE BANK counts on PFS' compliance experts to maintain MIG21's compliance rule sets in line with local investment regulation (Liechtenstein Ordinance on Investment Undertakings) rather than having to create and update corresponding MIG21 rules themselves. NEUE BANK can now also access PFS' LawCard Portal, a knowledge database that provides compliance experts with a wealth of background information, documentation and best practice advice. 28 October 2009 Three successful Go-Lives during the past few monthsWe are particularly happy to announce that three clients have gone live using PFS solutions: Atlantic Fund Administration LLC went live with eMIG21 and the US 1940 Act LawCard in record timeframe, the German Frankfurter Service KAG mbH went live with our DVS Fund Warehouse and SEB AG has successfully implemented DEBAS for efficient NAV reconciliation as well as MIG21 and PFS' German LawCard for automated investment compliance.
More26 October 2009 One license extension and three new client wins during the last three months!NEUE BANK AG Liechtenstein extended its MIG21® license with the Liechtenstein LawCard®, ORIX Corporation opted for PAM®, OneWest Bank, FSB has selected ePAM® and a startup Real Estate Investment Trust (REIT) signed for PAM for Securities.
More19 October 2009 ORIX USA Corp. Selects PAM® for Securities by Princeton Financial® SystemsORIX USA Corp., a subsidiary of Japanese based international financial services provider ORIX Corp., will use PAM® for Securities to automate the investment cycle including importing executed trades, providing an exception based operational environment and posting to the corporate general ledger.
More13 October 2009 OneWest Bank, FSB Selects ePAM® from Princeton Financial® SystemsOneWest Bank, FSB has selected ePAM®, Princeton Financial® Systems' (PFS) hosted investment accounting solution, to provide accounting across all asset classes and integration to other key OneWest Bank systems.
More30 September 2009 Large Quebec-based Insurance and Financial Services Company chooses PAM®The new customer has selected PAM® to prepare for the new Canadian accounting rules and IFRS. PAM will provide consolidated reporting across its subsidiaries and automate custodian reconciliation. Moreover, PAM's multi basis accounting capabilities and its flexibility to support the clients' accounting needs across assets will help make operations more efficient.
More24 September 2009 Princeton Financial® Systems: DVS Fund Warehouse is boomingPrinceton Financial® Systems registers a number of successes for its fund-specific data management platform DVS Fund Warehouse and its reporting solution DVS Publisher Suite: Swisscanto automates the production and distribution of client and monthly reporting on the basis of quality assured data from DVS Fund Warehouse. Maintrust uses DVS Fund Warehouse's flexible and analytical reporting functions and, with the help of DVS Publisher Suite, automates report production and distribution, including annual reports.
The data of a German investment company comes from several sources. They use DVS Fund Warehouse to consolidate and ensures the quality of all data. The complete institutional client reporting will, in future, be processed automatically and without media breaks, using the DVS Publisher Suite.
21 September 2009 Princeton Financial® released DVS Publisher Suite 3.0The latest version of DVS Publisher Suite makes fund reporting even more efficient. This reporting solution supports investment and asset managers in their automated production and distribution of professional, pixel perfect reports.
More03 September 2009 PAM® for Mortgages 2009 releasedThe latest version of PAM® for Mortgages (PAMmort) was shipped to all customers. The 2009 release includes both enhancements and program corrections, as well as a new Impromptu Catalog. 22 July 2009 Electra Information Systems and PFS Enter into a Strategic AllianceUnder the alliance, PFS will offer Electra's ACTioN messaging and notification product to its PAM® clients to automate trade matching and the generation and transmission of securities trade notification messages.
More02 July 2009 Our newsletter is online!Have a look at our latest newsletter here to get an update on what is new at Princeton Financial Systems. 02 July 2009 Princeton Financial® announces new LawCard® for German insurance marketPrinceton Financial® today announced its new LawCard® DE-VAG for the German insurance industry. The latest addition to the LawCard Suite comprises investment restrictions in line with the German Law on the Supervision of Insurance Undertakings (Versicherungsaufsichtsgesetz VAG), the supplementary circulars 3/1999, 3/2000, 1/2002, 7/2004, 15/2005 and the German Anlageverordnung (AnlV). This LawCard creates the preconditions for a fast deployment of MIG21® in the German insurance market.
More01 July 2009 "Reporting Day" successfulOn June 23rd, PFS organized a "Reporting Day" in Frankfurt with participants from leading German and Swiss investment managers. This workshop was dedicated to presenting latest product enhancements and discussing and prioritizing product roadmap and strategy. Customers appreciated this session for its business focus, the lively discussions, and the know-how of PFS' product management team. 27 May 2009 Princeton Financial® Systems wins prestigious "Outsourcing Provider of the Year" AwardPFS' ePAM® Hosting Solutions and Data Center Outsourcing Services Recognized by an Independent Jury at ICFA Global Awards 2009.
More18 May 2009 Princeton Financial® Systems Launches eMIG21 Investment Compliance SaaS SolutionPFS is now offering its market-leading investment compliance solution MIG21® as a software as a service (SaaS) solution. eMIG21 is hosted in PFS' new, world-class data center and offers the same comprehensive functionality as MIG21.
English Press Release
French Press Release14 May 2009 PFS Announces New US Insurance LawCards® for NAIC Model Law ComplianceThe framework of preconfigured frequently used rules is the first PFS LawCard® geared specifically to the US insurance market and is set to accomodate national as well as State regulations. It will increase efficiencies for insurance companies to comply with the NAIC Model Law. LawCards for MIG21®, PFS' award-winning investment compliance solution, will help customers to comply with the investment guidelines imposed by the National Association of Insurance Commissioners' Model Law (NAIC) more efficiently.
More12 May 2009 Princeton Financial® Systems Announces Availability of New World-Class Data Center To Foster Further Expansion of Hosted Solution BusinessPrinceton Financial® Systems (PFS) announced the immediate availability of its newly built state-of-the-art data center. This facility provides scalable, cost-effective managed hosting services for PFS' PAM® and MIG21® applications for small, medium-sized, as well as larger businesses including enterprise accounts in the financial industry.
More08 May 2009 PFS is Outsourcing Provider of the YearAt yesterday's ICFA Global Awards 2009 ceremony, Princeton Financial® Systems (PFS) has been voted "Outsourcing Provider of the Year" by an independent jury. PFS has been offering hosting solutions to its customers for years and recently invested in a new state of the art data center. Besides ePAM®, the Software as a Service (SaaS) deployment model of its leading investment accounting solution PAM®, PFS now also offers its market-leading and award-winning investment compliance solution MIG21®, as a SaaS solution (eMIG21). 29 April 2009 Counterparty risk & liquidity risk eventCounterparty risk management has in the last number of months become an increasingly significant part of firms' business operations as concerns increase about the negative impact of default by key counterparties. At a series of recent conferences organised by Funds-Axis, Princeton Financial® Systems has presented how MIG21, its market-leading investment compliance solution, can provide a comprehensive counterparty risk monitoring solution. The first seminar in a series of four took place on April 16th. The remaining seminars will be held in London, Dublin and Edinburgh on April 30th, May 11th and May 12th. A Luxembourg event may be run, subject to demand. If you are interested in participating, please e-mail us. Click here for details.
Funds-Axis is a London based consulting and training firm for the asset management industry. Click here for further details of Funds-Axis solutions and services. 07 April 2009 Princeton Financial Systems® Signs Large North American Asset Manager as New ePAM® ClientA large US Asset Manager specializing in fixed income management has opted for PFS' ePAM® and PAM® Composites powered by StatPro. Both solutions will serve as a comprehensive platform for achieving and maintaining compliance with the Global Investment Performance Standards (GIPS®) for the client's accounting as well as for its multi-currency composite and portfolio reporting.
More01 April 2009 Automated Reporting Processes for the Investment IndustryPrinceton Financial® Systems (PFS) presents its new reporting solution. With DVS Publisher Suite 2.0, professional factsheets, investment committee reports as well as monthly, semi-annual, and annual reports are produced and distributed automatically. All automated processes are traceable at any time thanks to the system's detailed logging.
More31 March 2009 NEUE BANK AG Liechtenstein is live with MIG21®NEUE BANK AG implemented successfully MIG21®. Due to rapidly growing trading volumes the private bank had revised its previous processes and picked MIG21 in order to guarantee a high level of efficiency and quality. 30 March 2009 Our newsletter no. 01/09 is online!Our newsletter service informs you concisely and regularly about news at PFS. Of course, this service is free of charge for you and can be cancelled at any time.
Please read our latest edition or register here. 04 March 2009 Princeton Financial® Systems provides Illinois State Board of Investment with ePAM® accounting solutionIllinois State Board of Investment (ISBI), a public investment authority managing the pension and retirement assets for employees of the State of Illinois, will be deploying ePAM®. The SaaS (Software as a Service) allows them to benefit from consolidated accounting, reconciliation, and reporting across a diverse set of asset classes.
More26 February 2009 One of the world's largest global fund service providers opts for MIG21One of the biggest banks in Switzerland selected Princeton Financial® Systems MIG21 - the market-leading and award-winning investment compliance solution for their ex-post compliance. Initially over 1,200 funds with several share classes will be processed with the high performant system and in the medium term, MIG21 will be deployed globally.
English Press Release
French Press Release09 February 2009 Upcoming speaker slots at major industry eventsIn March, PFS has speaker slots at numerous leading industry events throughout the world:
05 February 2009 Princeton Financial® joins Irish Funds Industry AssociationPFS is now an associate member at the Irish Funds Industry Association (IFIA), the representative body of the international investment fund community in Ireland. Ireland is of particular interest to the fund industry as it has a business friendly and tax transparent jurisdiction with a pragmatic approach to the regulation of investment funds. It is servicing in excess of €1.7 trillion of assets in over 10,000 funds and distributes them to shareholders in more than sixty countries. Princeton Financial® and its customers will particularly benefit from the numerous conferences and seminars organized by the IFIA and the close collaboration with NICSA and ALFI, the national associations of the US and Luxembourg. 07 January 2009 Wishing you a successful 2009!2009 will be an exciting year. We look forward to enjoying it with you. We will publish our news regularly on this page.
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