Princeton Financial chose Gesintel because of its technical expertise in the financial markets. The Chilean financial industry is one of the best performers in the Chilean economy with over 120 institutional investors including banks, pension fund administrators, mutual fund administrators, insurance companies and wealth managers.
"Chile represents a very important market for Princeton Financial," said Scott Ferrante, Senior Vice President and Chief Operating Officer of Princeton Financial. "Given the broad application of strict mandatory plan participation rules, all financial institutions are impacted by complicated compliance requirements. There is a large demand for a product like MIG21, and Gesintel understands that. Our partnership with Gesintel is a significant step for us as it demonstrates our commitment to the market and further solidifies Princeton Financialâs position as a leading global software and services provider."