Princeton Financial Systems Ranked #1 Mutual Fund

For the second year in a row, Princeton Financial Systems has been ranked the number-one mutual fund System Provider in Securities Data Publishing's annual Fund Accounting Service Guide. Formerly published by Dalbar, the Fund Accounting Service Guide is the preeminent directory for information and rankings of fund accounting service providers in the US. Princeton Financial, with its PAM for Mutual Funds fund accounting system, achieved the top ranking in four different System Provider categories: -- #1 in total '40 Act mutual fund assets under management with

over $194 billion now being managed by PAM for Mutual Funds,

a 50% increase over last year. -- #1 in total number of '40 Act funds with 664, a 56% increase. -- #1 in total fund assets under management with nearly $300

billion, an 88% increase. This includes '40 Act funds, Non- US

funds, and other funds that strike a NAV such as insurance

company separate accounts. -- #1 in total number of funds that strike a NAV with 1,459,

an 83% increase. In adition to its four first place rankings, Princeton Financial Systems ranked second in both total assets and number of funds in the Non-US funds category. Brian Madocks, President of North American Operations at Princeton Financial Systems, said, "I would like to thank all of the companies that selected PAM for Mutual Funds over the past several years who have permitted us to achieve this ranking for the second consecutive year. The mutual fund market is a key component of our future growth and we remain committed to expand our presence. When we look at the trends that have emerged over the past two years, it is clear that clients prefer a true Windows-based client-server solution with proven capability." PAM for Mutual Funds is a client-server Windows NT-based application. It fully supports the entire range of mutual fund portfolios, including multi-class funds, multi-currency securities, equities, fixed income, derivatives, and more. Premier fund companies such as Lord Abbett, INVESCO, MainStay Funds, EquitiLink, First Investors and others have licensed the product. Princeton Financial Systems, Inc., an independent subsidiary of State Street, is the leading provider of client/server-based portfolio accounting and management systems for institutional investors worldwide. PAM investment systems are used by more than 300 investment managers, mutual funds/unit trusts, insurance companies, pension funds and banks. The company is headquartered in Princeton, NJ, USA with offices throughout the United States and in London, Sydney, Toronto, Brussels, and Frankfurt. More information about Princeton Financial Systems can be found on the Internet at ots Original Text Service: Princeton Financial Systems, Inc. Internet: Contact: UK - Paul Watthey, (UK) +44- 1753-831001, or, or Gordon Gacek, (USA) 609- 987-2400 or, both of Princeton Financial Systems Web site:

Klíčová slova Princeton Financial Systems

USA, Kanada, OSN, svět a Arktida (us)


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