Arrowpoint Capital, an insurance group, has selected ePAMÂ® from Princeton FinancialÂ® Systems (PFS) as its hosted investment accounting solution.
With USD 2.5 billion in assets invested in fixed income and equity securities, Arrowpoint requires a sophisticated investment accounting solution. It is also important to Arrowpoint to have a smooth conversion to the new system, maintaining the same key functionalities as before without investing a significant amount of time and money. ePAM meets those needs, since it can be seamlessly integrated with the organizationâs General Ledger system.
"With ePAMÂ®, we are able to reduce our technology infrastructure and operating costs and have the benefit of a market-leading investment accounting system," said Mr. Davenport, Controller at Arrowpoint Capital.